Word: profitability
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Dates: during 1980-1989
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...million) had broken into the black, the telegram was as short and peppy as any USA Today headline: MCPAPER HAS MADE IT. Thanks mainly to a 45% increase in ad revenues over last year, USA Today converted a nearly $900,000 loss in April to a $1.09 million profit in May. That was a pittance compared with the losses of nearly $400 million that Gannett is reported to have suffered since USA Today hit the newsstands in September 1982, but the first earnings were a heartening victory for a paper that once was given little chance for survival...
...that I've met from outside Cambridge, Mass." Kennedy, however, quickly got over his hesitation about accepting advice from someone unconnected with either Harvard or M.I.T. Walter Heller was so persuasive -- and so adept at translating economic jargon into everyday language -- that the whole nation came to listen, and profit. When he died last week of a heart attack at 71, he had been out of Government office for 23 years, but his high- pitched Midwestern twang still rang loud in every debate over economic policy, commanding the respect even of Republican economists who disagreed with his Democratic Keynesianism. Says...
...first major investors to begin sniping at management was New York City Developer Trump, who bought just under 5% of the company's stock and hinted that he might join in the pilots' takeover effort. But Trump sold his stake in the airline for a reported profit of $55 million. In the meantime, the little-known Coniston Partners had been quietly amassing shares, and suddenly emerged as Allegis' largest shareholder. Brandishing a 13% stake in the firm, the partnership announced its intentions to overthrow the Allegis board, name its own slate of directors and sell off the company piece...
According to Hakim's testimony, North's motives may have been tainted by politics as well as profit. Hakim said he attended a secret meeting between North and other U.S. officials and Iranian government representatives in West Germany last October. North, said Hakim, was extremely eager for all of the U.S. hostages to be released before the November congressional elections, to "enhance the position of the President." But the Americans and the Iranians were at loggerheads. As North prepared to leave the meeting, Hakim asked if he could take over the negotiating. North gave him six hours...
...biggest day was our grand opening," said Murdean Gulsvig, the cook this day, along with his wife Doris. Opening day was Feb. 1, 1986. They served 134 people in their new $34,000 building. Last year they took in $51,000, about $11,000 of that a clear profit. Today they owe only about $5,000 on their mortgage. "We're a nonprofit organization," volunteered Walter Barbknecht, who owns a striking resemblance to Mortimer Snerd. "When we're making money and not owing money, it has to be spent in the community. The park needs some equipment. And we just...