Word: profit
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Dates: during 1980-1989
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...firm's senior partner. In 1955, Jones opened its first branch office over the Woolworth's in Mexico, Mo. After growing slowly at first, the company has almost exploded in recent years. A decade ago Jones had revenues of only $12 million. Last year the firm made a profit of $34 million on revenues of $240 million...
...spread his gospel of modernization. Translating his words into action, he is streamlining the government bureaucracy, reshuffling the military, moving reform-minded allies into the party leadership and allowing multicandidate elections at the local level. He has loosened restrictions on small-scale free enterprise and introduced the profit principle in state-owned industries. His policy of openness has encouraged the press to speak out more freely and produced an unprecedented thaw in the country's intellectual and cultural life. In the human-rights field, scores of political prisoners have been freed and the rate of Jewish emigration has been increasing...
...past, Holmes a Court has ended raids on target firms when the price was right. Last August, for example, he said he was seeking a 15% stake in USX. Then, as takeover speculation drove up the price of the stock, he reportedly turned a handsome profit on a block of his shares. Still, Texaco may look tempting to Holmes a Court, who has said he wants to establish a sizable U.S. industrial base. Texaco officials welcomed his vote of confidence in the value of their company's shares but said they would fight any attempt to take over the firm...
...Neck, N.Y., who carries a hand- held stock monitor at all times and studies charts and newsletters every night: "The astute investor can beat money managers. They are human. They panic, become euphoric or get emotional just like all of us." At 32, Solomon has accumulated a five-figure profit pile...
...remaining questions, he simply calls the company president. That opportunity, he points out, is one of the lesser-noted benefits of investing in small ventures. When he became concerned about an earnings downturn at Innovative Software, Determan called the chief financial officer there, who reassured the investor that the profit slump was "just a glitch." So Determan held on to the stock, which proceeded to zoom from about 10 last November to 22 now, even after a 3-for-2 split...