Word: profit
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Dates: during 1980-1989
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...automakers, meanwhile, remain financially weak despite their recent profit surge. The huge losses of recent years, plus heavy spending to bring out new products, have left the Big Three with total debts of $9.5 billion. That is nearly double the amount of the borrowing on their books in 1978. Says Michael Driggs, deputy assistant secretary for auto-industry affairs in the Department of Commerce: "One cannot get well overnight. The industry needs several years of high profits to restore its financial condition...
...advertising and charge cable operators a larger fee per subscriber. Said Bonnie Cook of a Nashville securities firm, Bradford & Co.: "Now Turner is the only game in town." Cook predicts that Turner's news services could rebound from combined losses of $15 million this year to a 1984 profit of $2 million or more as a result of the SNC deal...
...Judge William Hoeveler, acting on a civil suit filed by the Federal Trade Commission, last week issued an injunction to prevent U.S. Oil and Gas from continuing its fraudulent sales. He froze the company's assets and in effect put it out of business. Said the judge: "The profit to the company was enormous, and the chance for reward to customers was almost nonexistent...
...down. Testified James Bennett, a U.S. Oil and Gas salesman who quit because his conscience bothered him: "These were crass people. They'd sell their own mother. And if their mother was already sold, they'd go out and buy another mother and sell her at a profit...
Others may not be so quickly convinced. The academy's lengthy statement explaining its choice notes that Golding's books "can be read with pleasure and profit without the need to make much effort with learning or acumen." The trouble with this statement is that it is both true and something less than a ringing endorsement for the world's most prestigious literary honor...