Word: profitability
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Dates: during 1970-1979
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...putting together two weaknesses make a strength? Profit-pinched American Motors Corp. has been openly looking for a foreign carmaker with which to form some kind of partnership. Last week AMC revealed the company that it is focusing on-not, as rumored, Peugeot, but the French government-owned Renault-and the terms of a "proposed affiliation" that left a great deal for AMC stockholders to desire...
...added, "The top management has decided that 'it has to do something to improve the profit picture...
Bank officials decided that it cost more to maintain accounts with smaller balances than the bank was earning from using the money. "It is like selling dollar bills at 98 cents. No matter how much you sell you still cannot make any profit," Albert J. Baillargeon, executive vice president of the bank, said yesterday. "We want to be a competitive bank, but do have a responsibility to our stockholders,"he added...
Looking for a bank that opens early and closes late, lends money on generous terms, gives free checks to small depositors? If you cannot find what you want at an American bank, you might try a branch of a foreign bank. Attracted by the lush profit prospects of the world's biggest banking market-and by a paradoxical freedom from the federal regulations that restrict American-owned banks-British, Japanese, German, Irish, Israeli, Brazilian and other foreign banks are rushing...
...case. Alan Freed was a man who, as a disc jockey, had an enormous influence over what the American white teenager would listen to and buy, and he peddled this influence pretty widely for a good fee. He had vision, yes, the kind of vision that knows a profit when it smells one. Alan Freed, and all the disc jockeys and record company executives who pushed rock and roll in the '50s did it because they saw that there was a huge market for music that offended all the stuffy middle-class sensibilities that American parents stood for, sensibilities that...