Word: pretax
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Dates: during 1990-1999
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...sales. Consumer Reports has grumbled about reliability problems on the 1995 Jeep Grand Cherokee and the Dodge Intrepid. And competition is getting tougher in the minivan, pickup and sport-utility fields that made Chrysler's revamped reputation. Though Eaton could still defend the numbers as "the second best pretax earnings we've ever had," that hasn't been enough to stop his company's shares from losing more than 20% of their value between January and mid-April...
...smart buy for the 21st century: surely there are rosier prospects for software than for spirits. But Bronfman wasn't selling his whiskey interests; he was giving up on a company with a strong present (Du Pont stock accounted for nearly 70% of Seagram's pretax profits last year) and a robust future. Unsurprisingly, Wall Street greeted both the Du Pont sale and the MCA negotiations with derision. On Friday Moody's Investors Service announced that it was considering "the possible downgrade" of Seagram's debt. Seagram stock dropped nearly 17% during the week, closing Friday at 26 1/2. Wall...
...popular than cutting $500 in taxes for every child born to a family earning $200,000 and under? Democrats dismissed the amount as trivial-enough to buy, maybe, a pizza a week. Yet for a family of four earning $40,000, the tax credit would be like a 3.5% pretax raise-more than many of them have been getting from employers...
...Biogen officials are putting a positive spin on the setback, which has forced the company to take a $25 million pretax charge against its earnings, eliminating profits for the third quarter of the fiscal year...
...pretax losses in millions