Word: profit
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Dates: during 1980-1989
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Kennedy school graduates choose to enter a variety of fields after receiving their degrees. In 1985, 40 percent chose government positions at the federal, state, or local levels; 11 percent chose non-profit agencies; 12 percent pursued further education; and 31 percent entered the private sector. The graduates showed an average starting salary of $28,000 compared to $45,000 for Harvard MBA's, according to the Washington Post...
...lucrative investment, and the price of CBS stock seemed right. Says Tisch: "Originally we invested in CBS as part of the opportunity of the moment. The stock went down to a point where we thought it was interesting." Tisch figured that sooner or later he could realize a profit on his investment...
...more general terms, CBS has faced the same challenge that pressures the entire $8.2 billion broadcast-television industry. Threatened as never before by competition from cable, videocassettes and independent television stations, network TV operates in an environment of shrinking audiences, weakening advertising revenues, and predatory outsiders who see profit in taking over and streamlining a high-cost business. Says Fred Anschel, a media analyst at the Dean Witter Reynolds investment firm: "The networks aren't what they used...
...rest of the country will hear about the goings-on in Grand Rapids. Good Morning, America is moving in. HBO plans a show. Arbor House is scheduling a book. The President's foundation gets the profit from the $500 dinner tickets and $10-to-$25 tickets to the public sessions...
...Hill venture will be the first commercial gold mine to open in the Angels Camp area since 1950. The company's general manager, W.B. Williams, expects to cull only .046 oz. of gold per ton of ore mined. But, says Williams, "if prices go down, we still make a profit...