Word: profit
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Dates: during 1990-1999
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...almost a month, the Harvard Cooperative Society has advertised that it turned a profit this past fiscal year and intended to issue a 3.5 percent rebate to its members in October. Yesterday was the first day those with their COOP membership card and a photo identification could collect that rebate...
...make things worse, by the early 90s Intel had begun to turn a lucrative profit on the so-called motherboard chipset that supported the CPU. Manufacturers had to build bulky, awkward system boards to house Intel's CPU and its separate input-output chips...
David P. Davidson, the director for campus restaurants, said that Harvard Dining Services (HDS) had decided to raise prices on the two items because they had not been contributing to the gross profit margins...
Things seemed just perfect for Robert L. Johnson last week. His BET Holdings Inc. (1996 sales: $133 million), the nation's foremost black media conglomerate, posted its 13th consecutive quarterly profit increase. As the cash floods in, Johnson is living a media god's life. He has built a mirrored glass-and-steel headquarters in a poor neighborhood of Washington and acquired a lavish 133-acre horse farm in Virginia hunt country. He has also planned to buy the company and offered shareholders a deal that values BET at $800 million. His concept: transform BET's golden logo into...
...shows are an eclectic if often insipid mix of music videos, infomercials and reruns of sitcoms such as Sanford and Son, along with talk and news shows produced in-house. But the programming comes dirt cheap. Profit margins currently run in the 50% range, in contrast to about 35% for many cable companies. The network already reaches 98% of all black cable homes, so future growth will have to come from new ventures. For example, the BET on Jazz cable channel, which features live performances, has more than 2 million domestic and 300,000 foreign subscribers...