Word: profitability
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
Worse than the high interest rates is the sheer shortage of mortgage money. Usury laws in two dozen states limit interest rates to below 13%. Thus many banks and savings institutions have stopped making loans because it is impossible for them to earn any profit. Traditional lenders are also running short of cash because people are transferring funds from savings accounts to booming money market funds, which invest money in high-yielding securities and pay twice as much as passbook accounts. Perhaps three-quarters of the savings and loan associations in Chicago have stopped making mortgage deals...
...adds in Wright's book, "these same men in a business atmosphere, where everything is reduced to costs, profit goals and production deadlines, were able as a group to approve a product that most of them would not have considered approving as individuals...
...three-legged stool" of small cars, Jeeps and steady Government contracts for postal vehicles and military tactical trucks. Since 1974, AMC's line-up of cars has shrunk from six to three: Concord, Spirit and Pacer. While analysts say that they are not making money, the high-profit Jeep continues to rake it in. There was some sales softness earlier in the year because of its fuel thirst, but the Jeep rebounded strongly in September and October...
...Deal--an American transition," says Don Rose, a Citizens Party organizer and the political strategist behind Chicago Democrat Jane Byrne's mayoral upset. The party filed a statement with the Federal Election Commission, laying out a gentle Party line for the transition: "There is nothing wrong with profit, or with private ownership. What is wrong is when private interest, and not the public good, determines how we live. That is what must be changed, and that is the issue the two major American parties can not and will not face...
...just another rickety one-state airline, linking six Florida cities with half a dozen planes. Today it is an aggressive regional carrier that serves 23 cities, including Washington, D.C., Philadelphia and New York, with a fleet of jets. This fiscal year it turned its first real profit: $2.4 million. Says Chairman C. Edward Acker: "Without deregulation we'd still be tiny. It has given us the ability to move fast into markets...