Word: profit
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Dates: during 1980-1989
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Calkins' statement does not reveal a change in the University's policy for the past six to seven years. Michael T. Anderson '83, a member of Southern Africa Solidarity Committee (SASC) said yesterday, adding that Harvard "makes its investment policy solely to earn profit...
...long dry spell for U.S. business appears to be coming to an end. A number of major companies last week reported healthy increases in profits for the first quarter compared with results for the same period last year. A star performer was General Motors, which earned $653 million as sales rose 14% from a year ago. Chrysler also did well, earning $172 million, an increase of 15% on sales of $3.1 billion from January through March. It was Chrysler's largest quarterly profit ever. Overall, though, the earnings picture in the first quarter was one of lights and shadows...
...earnings, unusually high during the first quarter of 1982 because of a one-time sale of assets and tax benefits, were down 47% this year, but profits for the company's C.I.T. Financial and NBC subsidiaries moved ahead. Basic industries generally have yet to feel the recovery. Republic Steel lost $35 million in the first quarter, almost twice as much as last year. Armco lost $128 million. Dow Chemical's profits declined from $154 million last year to $69 million this year. Dow President Paul F. Oreffice explained that his industry "traditionally lags a general economic turnaround...
...large development has been designated to fit in with the surrounding architecture, Friedman added. The buildings will be red brick, and $2 million of the $5 million profit from the land sale will be used to build a Kennedy Memorial Park along the edge of Memorial Drive...
Caterpillar workers make more than $19 per hour Although the new contract freezes wages, there will be pay increases through quarterly cost-of-living allowances. The union also has its first profit-sharing plan at Caterpillar, including a guaranteed payment of at least 31 cents per hour to be distributed by April 1985 for each hour worked...