January 30, 1992 |
Bucking a tough year for energy companies, Occidental Petroleum Corp. on Wednesday reported modestly improved net income despite lower sales for the 1991 fourth quarter and year. The year-end report also marked the Los Angeles-based company's emergence from the weight of large one-time charges primarily incurred in an ambitious restructuring and trimming of non-core subsidiaries.
December 23, 1993 |
The machine-tool industry--the business that makes machines which make other machines--might call it "Fadal Attraction." Fadal Engineering Co., a 33-year-old family-owned business, has bolted out of the blue to almost single-handedly overtake the Japanese in a portion of the market that they dominated for most of the 1980s.
November 30, 1993 |
Another ill wind blowing through the oil industry could give most consumers--and most other businesses--a little holiday cheer in a lackluster economy. Crude oil prices plummeted more than $1 a barrel Monday in the first worldwide market reaction to several factors--not the least of which was last week's meeting of the Organization of Petroleum Exporting Countries. The U.S. benchmark crude, West Texas Intermediate, fell $1.07 to $15.
December 21, 1993 |
ThS. machine-tool industry--the arcane business that makes machines that make other machines--calls it Fadal's Attraction. Fadal Engineering Co. Inc., a 33-year-old family-owned business, has bolted out of the blue to almost single-handedly overtake the Japanese in a market that they dominated for most of the 1980s.