Word: profit
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Dates: during 1980-1989
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...assigned the name Space to its project. Citibank, for its part, stands to make $350 million in fees for putting together Paramount's war chest. At the same time, the bank manages 1.5 million shares of Time stock for its clients, on which they stand to make a huge profit if the deal goes through...
...publishers are paying more, they are also demanding more for their money. The major houses today have both hardcover and paperback imprints. To increase their chances of making a profit, they often insist, with authors ranging from Paul Kennedy to Stephen King, on acquiring the right to print properties in both forms. As another type of economic protection, book companies are taking advantage of their growing international reach by more often asking for foreign rights to a book...
...been missing from the roiling waters of corporate raids, beached by huge investments in Texaco and USX. But last week Texaco's largest stockholder sent a quiver through the New York Stock Exchange when he abruptly unloaded his 17.3% stake, or 42 million shares, for $2.07 billion (his profit: $600 million). The sale, which ranked as the largest single trade in Big Board history, was so unwieldy that three investment firms -- Shearson Lehman Hutton, Goldman, Sachs and Salomon Brothers -- teamed up to buy the shares. The bombshell transaction freed Icahn to prowl once more, setting off speculation that he would...
...today the hottest ticket in East St. Louis is a ticket out of it. The two high schools produce perennial state champions in football and basketball, putting - a few gifted athletes on the road to college, hoping for stardom in the N.F.L. or N.B.A. For other youngsters, there is profit in peddling crack but not much else...
...time, many professors raised ethical issues, questioning the role of industry in academia and expressing concern that doctors would exploit patients for personal profit...