Unisys to fully aid federal defense procurement probe
Unisys Corp. says it will cooperate fully with United States Attorney Henry Hudson in the probe of defense procurement practices. Chairman W. Michael Blumenthal outlined an internal review begun before the inquiry, noted improper activities by some Division employees and consultants, and announced corrective steps including new management for the Sperry division, administrative leaves, termination of consulting contracts, a senior management approval process, and outside counsel from Covington & Burling.
MENTIONED IN THIS ARTICLE
Blue Bell
Prnewswire
Unisys Corp
United States
Henry Hudson
Unisys
W. Michael Blumenthal
Blumenthal
Watergate
Henry Ruth
Sperry
Defense Department
Sperry Surveillance and Fire Control Division
Great Neck
N.Y
Covington & Burling
Mr. Blumenthal
U.S
Sperry-Burroughs
Sperry Defense
Sperry Surveillance and
Long Island
Executives take glider ride as part of management program
In Julian Pennsylvania executives from Digital Equipment Corp and other firms take a four week executive management course at Penn State. The program includes glider flights snake handling scuba lessons and seven hours of daily classwork. Participants come from ten countries and pay 8500 dollars for the course which aims to push managers beyond their comfort zone to learn new concepts.
MENTIONED IN THIS ARTICLE
Penn State University
Mr. Vicere
Malaysia
Chile
Vicere
Vice
Nis
Shaver's Creek Environmental Center
Environmental Center
Nynex Corp
Bonnie Miller
John Donovan
New York Telephone Co
Debbie Davis
Virginia Power Co
Richmond
Carnegie-Mellon University
Dartmouth College
Carnegie-Melton
Graduate School of Industrial Administration
Chesaspeake Bay
Robert Dalton
Carnegie-Mellon
Sallie Mae reports 1988 Q2 earnings rise to 55.6 million
Sallie Mae said net income for the 1988 second quarter reached 55.6 million, up 23 percent from 44.6 million a year earlier and 3 percent above the 53.7 million posted in the first quarter. Earnings per share were 1.29, up from 1.26 in Q1. For the six months ended June 30, 1988, net income totaled 108.7 million or 2.56 per share, versus 87.1 million or 1.96 per share a year earlier.
MENTIONED IN THIS ARTICLE
Washington
Prnewswire
Student Loan Marketing Association
Sallie Mae
Standard Federal charity golf tournament sponsorship
Standard Federal Savings Bank of Gaithersburg will sponsor a Charity Golf Classic at the Tournament Players Club at Avenel in Potomac on October 17 to benefit the Shock Trau ma Center at Suburban Hospital. Proceeds fund advanced medical equipment and facility remodeling. entry fee is 225 dollars.
MENTIONED IN THIS ARTICLE
Rockville
Standard Federal Savings Bank
Gaithersburg
Avenel
Potomac
Suburban Hospital
Suburban
Montgomery
Also Mentioned on This Page
Vince Puritano
Moe
The
Frederick
Valerie Marcin
Standard Federal
Robert Rothstein
Waverley Drive
Equity Mortgage Corporation
Ed Sovran Financial Corporation
Richard Gonna Amertony Coy
gaSpe
American Express
Maryland National Bank
Maryland National
Anehar
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