Word: profitable
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Dates: during 1940-1949
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Last week the Brazilian Government was deep in a slam-bang fight to keep prices down. Latest measure: an order compelling food stores to stock essential foods, sell them at a 10% maximum profit...
Back of U.S. news thinking was a longstanding suspicion of Reuters, a news agency run for profit, except when it is run for British propaganda...
...Profit. At the time, American Home was still making a fat $2,000,000 a year, but profits had been slipping ominously. New Board Chairman Brush skimmed over the company history, thought he saw the reason. When A.H.P. was formed in 1926, it promptly started buying up smaller companies and boosted profits in the process. When the buying stopped in '31, the profits steadied, then dropped. Mr. Brush's solution: start buying again...
Cradle to Grave. All this smart, fast buying did what it was supposed to do -zoomed profits. For the first nine months this year, sales hit an alltime high of $62,000,000, with an estimated net profit after taxes of $3,200,000 ($3.50pershare...
Sugar & Spice. Last year, still stuck with its anachronistic fixed charges, M. & St. L. once again turned in a whopping bookkeeping deficit. But this year, war boomed it into a profit even before the reorganization officially cut its debt to $2,015,000, and the road proudly turned down a $4,000,000 RFC loan because it had enough cash of its own. For the first eight months of 1943, M. & St. L., no longer limping, earned over $2,000,000-enough sugar & spice to pay its new small fixed charges more than 20 times over...