Word: profitability
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Dates: during 1970-1979
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...dance companies and develop wider dance audiences. Articulture acted as the go-between, handling the public relations and series subscription campaign as well as procuring space in some of Boston's more desirable performance halls: Berklee, the Hotel Bradford Ballroom, and the Boston University Theater. Since Articulture is non-profit, funding for the $50,000 program is coming from the Mayor's Office of Cultural Affairs, the Massachusetts Contemporary Dance Association, the Boston Phoenix, the Capezio Foundation, Liberty Mutual Insurance Company, and an $8500 grant from the National Endowment for the Arts...
DRINKING AND GAMBLING. They ask thee concerning wine and gambling. Say: "In them is great sin, and some profit, for men: but the sin is greater than the profit...
...terms of profits as a percentage of revenues, the oil firms' average margin was 4.5% in 1978, according to Data Resources. While this was somewhat fatter than the automakers' margin (3.97%), it was below the average for U.S. industry (5.25%) and far under some truly high-profit businesses, such as soft drink companies (7.8%), cosmetics makers (8.11%) and drug firms...
...reaching is also the term for ARCO's economic power. With annual revenues in 1977 topping $11 billion, and a net profit before taxes of close to a billion dollars, the Atlantic Richfield Company is one of the nation's largest oil firms. In 1977, it acquired the Anaconda Company, a leading mineral producer. Today ARCO's interests extend to copper, aluminum, coal, uranium, a few solar and geothermal energy operations, and even a London newspaper, The Observer...
...School studied ARCO's record before adopting its name, it would have found, in addition to sometimes overzealous profit-making, an active involvement in legitimate politics. The company advances its interests through its officers and its own political committee...