Word: profit
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...Harvard Business School Club of New York (HBSCNY) announced last week that it will donate more than $1 million to non-profit organizations, the biggest donation the club has made up to date. Grants of $180,000 each will go to five education-oriented non-profits in the Greater New York area. The gift will provide another $200,000 for need-based scholarships at Harvard Business School (HBS), as well as full scholarships for two Harvard MBA students who focus on non-profit management. The club’s members provide about $1 million worth of pro bono consulting every...
...where he received the August L. Bladgen Award “for representing and enhancing the tradition of rowing at Yale.” For five years, Stevens served as the girls’ varsity coach and program director of Wayland Weston Rowing Association, a non–profit organization dedicated to teaching young people how to row. Under Stevens, what began as a learn-to-row program became a high school powerhouse, as the coach led his crews to four silver medals at nationals in 2007.“Stevens seems like a great guy who has done...
...across the nation cracking jokes for charity. On Saturday Oct. 20, at 8 p.m., the Harvard Concert Commission will present its third annual benefit stand-up comedy show, “Comedy for a Cause 2007.” All proceeds will go to Kiva.org, a microfinance not-for-profit organization that supports entrepreneurs in the developing world...
There's also a supply-cycle risk in the industry, which tends to overproduce, often related to the timing of newly planted vines. New plantings generally take three to five years to bear enough fruit to turn a profit, and demand for a particular grape can dry up in that time. Investors are betting that high-end wine is less susceptible to oversupply, primarily because there are only limited areas in the U.S. and Europe where land and climate conditions are right for growing high-quality grapes...
...have always talked healthier than they have eaten, and they have traditionally shown some resistance to the premiums they have had to pay for "healthy." And haven't snack-food companies like Pepsico proved that you can have it both ways: indulgent treats and "healthy" snacks, each commanding fat profit margins? Pepsi's Frito Lay North America division had 24% operating margins last year, easily exceeding Danone's 14% ops margins on fresh dairy products...