Safety
Integrity
Quality-Value-Profit
Aim & Purpose
Values
Our Credo with Guidelines
Leadership
Culture
Order of Importance
Strategy
Tactics
Methods and Goals
Policy
Procedures
Our Metrics
Incentives
Innovation
Partnerships
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Targeted High Value Partnership
Candidates

1.3M
2. Honeywell
3. BP Amoco
4. Eastman Chemical
5. Motorola
6. Eastman Kodak
7. Johnson & Johnson
8. DuPont
9. Merck
10. Babcock Power
11. GM
12. Proctor & Gamble
13. Ford
14. Xerox
15. Babcock and Wilcox also
see their Core
Values
16. Bristol-Myers Squibb
17. Solvay Minerals/Polymers
18. Hewlett-Packard
19. Novartis (CIBA-Giegy)
20. Glaxo/Wellcome
21. ABB
22. Bechtel
23. Texaco
24. Duke Energy
25. Baxter
26. Rhodia
27. Alcoa
28. Texas Instrument
29. Daimler Chrysler
30. Dow Chemical
BOLD type indicates present or recent work

Additional Information

3M Company
Business Summary
Minnesota Mining & Manufacturing manufactures and markets
pressure-sensitive adhesive tapes, abrasives, and specialty chemicals.
MMM also markets electrical & telecommunication products, medical
devices, office supplies and major automotive parts. For the 6
months ended 6/98, sales fell 1% to $7.47B. Net income fell 5%
to $786M. Results reflect negative effects of changes in currency
exchange rates and the economic slump in Asia.
SEC
Filings
me Page
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Honeywell
Business Summary
AlliedSignal, Inc. is an advanced technology and manufacturing
company serving customers worldwide with aerospace & automotive
products, chemicals, fibers, plastics and advanced materials.
For the three months ended 3/31/98, sales increased 10% to $3.65B.
Net income increased 16% to $300M. Revenues reflect higher sales
volume and recent acquisitions. Earnings also reflect improved
productivity and lower manufacturing and material costs.
SEC
Filings
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BP/Amoco/Amoco Chemical
Business Summary
Amoco Corporation explores, develops, and produces crude oil
and natural gas, engages in petroleum refining, and manufactures
and sells chemicals. For the three months ended 3/31/98, total
revenues fell 15% to $7.64B. Net income fell 43% to $386M. Revenues
suffered from lower prices of crude oil, natural gas and refined
products. Earnings also suffered from higher selling, general
and administrative expenses and higher interest expenses.
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Motorola
Business Summary
Motorola, Inc. manufactures and sells a diverse line of electronic
equipment & components. Products include communications systems,
semiconductors, electronic engine controls and computer systems.
For the six months ended 6/27/98, net sales fell 2% to $13.91B.
Net loss totalled $1.15B vs. an income of $593M. Revenues reflect
lower semiconductor product sales due to economic difficulties
in Asia. Loss also reflects $1.98B in restructuring charges.
SEC
Filings
Motorola Home Page
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Eastman Kodak
Business Summary
Eastman Kodak Co. primarily develops, manufactures and markets
consumer and commercial imaging products. For the 3 months ended
3/98, revenues fell 7% to $2.97B. Net income increased 51% to
$225M. Revenues suffered from decreased selling prices, unfavorable
effects of foreign currency rate changes, and the transfer of
a portion of the graphics business to joint venture. Net income
benefitted from the absence of $186M in purchased R&D expenses.
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Eastman Kodak Home Page
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Johnson & Johnson
Business Summary
Johnson & Johnson is a manufacturer of health care products
serving the consumer, pharmaceutical & professional markets. For
the 6 months ended 6/28/98, revenues increased 1% to $11.57B.
Net income increased 11% to $2.02B. Revenues reflect increased
domestic sales due to strong performances from the adult and children's
MOTRIN line of analgesic products. Earnings benefitted from higher
worldwide pharmaceutical sales and decreased SG&A expenses..
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Johnson & Johnson
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DuPont
Business Summary
E.I. DuPont de Nemours and Company operates in six principal
industry segments: Chemicals, Fibers, Polymers, Petroleum, Life
Sciences, and Diversified Businesses. For the 6 months ended 6/30/98,
total revenues fell 2% to $22.77B. Net income applic. to Common
fell 14% to $1.86B. Revenues suffered from lower petroleum revenues
due to a significant decline in crude oil prices. Earnings also
reflect lower earnings from nylon and automotive polymers.
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Dupont Home Page
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Merck
Business Summary
Merck is a pharmaceutical company that discovers, develops,
produces and markets human/animal health products and services.
Merck also provides pharmaceutical benefit services. For the 3
months ended 3/31/98, sales increased 9% to $6.06B. Net income
increased 14% to $1.16B. Revenues reflect higher sales of established
major products and newer products, & growth in the Merck-Medco
Managed Care business. Earnings also reflect lower marketing & administrative
cost.
SEC
Filings
Merck
Home Page
GM/Hughes
Business Summary
GM designs, manufactures and markets automobiles, trucks and
related parts, offers products and services in the areas of chassis,
interior and electronics, designs and manufactures locomotives
and heavy-duty transmissions, and operates a financial services & insurance company. For the 3 months ended 3/31/98, revenues
fell 2% to $41.57B. Net income applic. to Common fell 8% to $1.57B.
Results reflect pricing concessions at Delphi & lower international
income.
SEC
Filings
GM Home Page
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Proctor & Gamble
Business Summary
The Procter & Gamble Co. markets a broad range of consumer
products worldwide in 5 business segments: Laundry and Cleaning,
Paper, Beauty Care, Food and Beverage, and Health Care. Product
names include Tide, Charmin, Pampers, etc. For the 9 months ended
3/31/98, net sales rose 4% to $27.88B. Net income applicable to
Common rose 11% to $3.02B. Results reflect volume growth worldwide
and a reduction in manufacturing expenses.
SEC
Filings
Proctor & Gamble Home Page
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Ford
Business Summary
Ford Motor manufactures, assembles and sells cars, trucks
and related parts and accessories. Ford's Financial Services provides
financing, insurance and vehicle and equipment leasing. For the
six months ended 6/30/98, revenues decreased 5% to $73.87B. Net
income applicable to Common totalled $19.93B, up from $3.97B.
Revenues reflect lower automotive sales volumes. Earnings reflect
a $15.96B gain on spin-off of the Associates.
SEC
Filings
Ford Home Page
Environmental
Information
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Xerox
Business Summary
Xerox Corp. engages in the worldwide development, marketing,
manufacturing, financing and servicing of document processing
products and services. For the 3 months ended 3/98, total revenues
rose 7% to $4.30B. Net income from continuing ops. applic. to
Common rose 12% to $290M. Revenues reflect an increase in equipment
sales due to a growth in digital products. Earnings reflect lower
research & development costs due to product program calendarization.
SEC
Filings
Xerox Home Page
Environmental
Information
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American Ref-Fuel/BFI
Business Summary
BFI collects, transports, treats and/or processes, recycles,
and disposes of solid wastes, and is involved in waste-to-energy
conversion, medical waste services, portable restroom services,
and sweeping ops. For the 6 months ended 3/98, revenues fell 9%
to $2.65B. Net income before extra. item and accounting change
rose 26% to $180.1M. Revenues reflect the divestiture of business
operations. Net income reflects the inclusion of a $21.5M special
credit.
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Bristol-Myers Squibb
Business Summary
Bristol-Myers Squibb Company, through its divisions and subsidiaries,
is a producer and distributor of pharmaceuticals, consumer medicines,
nutritionals, medical devices and beauty care products. For the
three months ended 3/31/98, net sales rose 10% to $4.45B. Net
income increased 14% to $927M. Revenues benefitted from increased
volumes and selling prices of pharmaceutical products. Earnings
also reflect a $125M gain on the sale of business.
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Bristol-Myers Squibb Home
Page
Environmental
Information
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Solvay Minerals/Polymers
Private company no information found.
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Solvay Home Page
Environmental
Information
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Hewlett-Packard
Business Summary
Hewlett-Packard Company designs, manufactures and services
products and systems for measurement, computation and communications.
HWP also offers systems integration, outsourcing, consulting & other
services. For the 6 months ended 4/30/98, net revenue rose 16%
to $23.86B. Net income fell 5% to $1.61B. Results reflect increased
market penetration and new product introductions, offset by lower
margins due primarily to intensifying pricing pressures.
Latest
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Hewlett-Packard Home Page
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Novartis (CIBA-Giegy)
Business Summary
Novartis AG is a world leader in life sciences with core operations
in healthcare, agribusiness and nutrition. For the FY ended 12/97,
revenues rose 19% to SF31.18B. Net income (vs. proforma) rose
43% to SF5.21B. Revenues reflect higher drug sales of Lamisil,
Lescol, Aredia, Miacalcic, and strong agribusiness sales of herbicides
in NAFTA countries. Earnings reflect higher margins due to productivity
improvements and other merger-related synergies.
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Novartis Home Page
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Glaxo/Wellcome
Business Summary
Glaxo Wellcome PLC and its subsidiaries operate a international
pharmaceutical company engaged in the creation and discovery,
development, manufacture and marketing of prescription medicines.
For the fiscal year ended 12/31/97, net sales fell 4% to L7.98B.
Net income according to U.S. GAAP fell to 3% to L952M. Revenues
suffered from the loss of patent protection for Zantac in U.S.
and U.K. Earnings were partially offset by increased royalties
& other rights.
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Glaxo/Wellcome
Home Page
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ABB
Business Summary
No summary available
Latest
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SEC
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ABB Home Page
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Bechtel
Private company no information found.
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Bechtel Home Page
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Texaco/Texaco Chemicals
Business Summary
Texaco, Inc. is engaged in the worldwide exploration for and
production, transportation, refining and marketing of crude oil,
natural gas and petroleum products. For the 3 months ended 3/31/98,
revenues fell 32% to $8.15B. Net income applicable to Common fell
75% to $245M. Revenues reflect the decline in worldwide crude
oil and natural gas prices. Earnings also suffered from higher
exploratory, depreciation and interest expenses.
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Texaco Home Page
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Duke Energy
Business Summary
DUK is an energy & energy services Co., involved in the production,
transmission, & sales of energy & delivery of energy related services
worldwide. Other operations include water utility service, real
estate development and communications. For the 3 months ended
3/98, revenues rose 9% to $4.11B. Net income applic. to Common
before extra. item rose 7% to $321.6M. Results reflect increased
electric sales, partially offset by purchased power expenses.
Latest
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Duke Energy Home Page
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Baxter
Business Summary
Baxter International Inc. develops, manufactures and distributes
a variety of products, systems and services used mainly in the
health care field. For the three months ended 3/31/98, revenues
increased 2% to $1.47B. Net income totalled $164M vs. a loss of
$203M. Revenues reflect increased sales of the volumetric infusion
pump. Earnings reflect the absence of a $352M charge for the acquisitions
of Immuno International and Research Medical.
SEC
Filings
Baxter Home Page
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Rhone Poulenc
Business Summary
RC is a radio broadcasting company in Mexico. As of 12/96
RC owned 9 AM and 5 FM radio stations, and managed and operated
an additional FM station. For the 9 mos. ended 9/30/97 revenues
rose 73% to PS466.1M. Net income totalled PS100.9M, up from PS9.1M.
Results benefitted from advertising expenditures by competing
telephone companies, political campaigns for the 7/97 elections,
successful commercial strategies by the Co., & an increased interest
income.
SEC
Filings
Rhone Poulenc
Home Page
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Alcoa
Business Summary
AA is an integrated aluminum company producing and selling
aluminum, semi-fabricated and finished aluminum products and alumina.
For the six months ended 6/30/98, revenues increased 5% to $7.08B.
Net income applicable to Common increased 14% to $416M. Revenues
benefitted from higher aluminum shipments due to the Inespal acquisition.
Earnings also benefitted from lower research and development expenditures
and a lower tax rate.
SEC
Filings
Alcoa Home Page
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Texas Instrument
Business Summary
Texas Instruments is a global semiconductor company and a
leading designer and supplier of digital signal processing solutions.
For the 6 months ended 6/98, revenues fell 10% to $4.35B. Net
income from cont. ops. fell 83% to $54M. Revenues reflect lower
semiconductor revenues due to softness in memory and modem and
hard-disk drive markets. Earnings also suffered from an increase
in R&D expenses and marketing, general and administrative costs.
SEC
Filings
Texas Instrument Home Page
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Dow Chemical
Business Summary
DOW manufactures and sells chemicals, plastic materials, agricultural
and consumer products. Products include: adhesives, sealants,
fabricated products, metals, and other specialty products. For
the 3 months ended 3/98, sales fell 3% to $4.83B. Net income applic.
to Common fell 7% to $421M. Revenues reflect lower prices and
divestitures of Dowbrands and Destec. Earnings reflect the $668M
charge from in-process R & D, severance costs & asset write-downs.
SEC
Filings
Dow Chemical
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