income
Improved Sales And Earnings Reported By Todd Shipyards—Has $1,5-Billion Backlog
Todd Shipyards Corporation has reported improved sales and earnings f o r the first quarter ended June 29, 1980. Todd currently has a backlog of $1.5 billion, and a good earnings trend is expected to continue, the company reported. At its Annual Shareholders Meeting,
Energy And Economic Security
Mideast War Underlines The Vital Need To Increase Domestic Oil Production In The U.S. The war in the Mideast has once again underlined oil's pivotal role in the maintenance of a healthy world economy. We depend on oil for much more than land and air transportation.
Tidewater: Effects of New Tax Bill Are Positive
Tidewater said that certain provisions of the newly enacted "American Jobs Creation Act of 2004" could have a significant positive effect on its future earnings and cash flows. The Act. which has been approved by both the United States Senate and House of Representatives,
Tidewater Negotiating Acquisition Of Zapata In $500 Million Deal
In a deal worth up to $500 million and which would create the world's largest support vessel fleet, Tidewater is negotiating the acquisition of Zapata Gulf Marine. An agreement between the two U.S. groups would combine the 304 vessels of Zapata with the 303-vessel fleet of Tidewater.