Word: profit
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Iftikhar eventually sold Tommy’s to Gill last March, saying that the earlier closing time made it impossible for him to make a profit...
...profit corporation based in Cambridge purchased the house for $2.75 million...
...venture capital firms in Europe are increasingly relying on outside business people to help manage their portfolios. That's a change from the Internet heyday, when many venture capital firms hired young people with consulting or banking backgrounds who knew little about technology and had neither operating experience nor profit responsibility. "Now they are realizing that they need people with industry backgrounds to sort out their problems," says Düsseldorf-based Georg Kulenkampff, 51, a former board member of the large German utility firm Veba, now called E.on. At the request of investors, Kulenkampff has served over the last...
...historic reflex dating back to William Tell to thumb their noses at the outside world, the Swiss realize they need to maintain good relations with the E.U., which completely surrounds them and accounts for about two-thirds of their trade. "It?s not in our long-term interest to profit from any loopholes," says Urs P. Roth, chief executive of the Swiss Bankers? Association, who nonetheless adds: "I don?t see why we should adopt a system with which we aren?t familiar...
...founder of lastminute.com a travel website popular in Europe, Lane Fox, 29, saw her firm's stock tumble from $36 a share in 2000 to about $1 a share after 9/11. But lastminute.com recently acquired three other travel sites, and analysts expect the company to turn a profit within a year. From January through mid-August, its stock was up 222%, at $7.29, making the company one of the two best performing ADRs this year...