Word: profit
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Dates: during 2000-2009
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...Citigroup. But it was one of the few businesses that continued to make money for the giant bank during the credit crisis. Phibro and Citi's global payment-processing business have long been seen as two areas in which the bank outperforms its competitors. Now one of Citi's profit jewels is gone...
...Crocs, which are named after a crocodile because they can be worn on both land and in the water, began to cool in early 2008. Throw in the global downturn and sales tumbled 15% to $721.5 million in 2008, leading to a loss of $185 million, following a profit of $168 million a year earlier. Its share price plummeted from a high of $74 in November 2007 to a low of just $1.05 last November. It was, says John Duerden, Crocs' chief executive, "the perfect storm." (See pictures of 23 years of Air Jordans...
...type system. So instead of getting a guaranteed pension check of $1,308 a month for his 36 years as a full-time, salaried employee, the former chemical-factory worker receives $225 a month from his 13 years as an hourly employee, plus $180.16 a month from a profit-sharing plan Oxy had for salaried employees until 1994. He also has $70,000 left of the money he saved from his tax-deferred 401(k). On the days he works, Shively rises at 5 a.m. to get to the golf course. He mostly enjoys the job. But on tournament mornings...
Audience member Betsy Kunkel, who works for the non-profit HIV/AIDS resource center the Boston Living Center, wanted to hear from Crowley about how the administration plans to help the HIV/AIDS community...
Today, Taybeh Beer is a potent symbol of the emerging Palestinian state and its tiny Christian minority - which is less than 2% of the population. The brewery turns a tidy profit, produces 600,000 litres a year and is brewed under license in Germany. Half the sales are within the West Bank, 40% go to Israel, and the rest are exports to Japan. Taybeh even had a nearby rabbi certify its product as kosher. Last year the brewery introduced a zero-alcohol brew for Muslims. Taybeh billboards with the slogan "Drink Palestinian - Taste the Revolution" tower over the main street...