Word: profitable
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Dates: during 1940-1949
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...publicity-shy president of the octopoidal Atlas Corp., a Wall Street investment company. One of the nation's most spectacular financiers (e.g., RKO, Greyhound Lines), Odium has made a specialty of buying up control of companies, putting them in good running condition, then selling out at a handsome profit. A recent buy (1947): Consolidated Vultee (he is board chairman). Other Atlas interests: United Fruit, American & Foreign Power (a subsidiary of Electric Bond & Share). A longtime Democratic angel, Odium was at first none too wild about Harry, but stoutly supported him. He gave $3,000 himself, got his associates...
...city sales, some 4,000 cameras were sold in the Manhattan area alone. Though Polaroid was making 10,000 cameras a month, it was forced to ration them, as well as its special film, to retail outlets. For the first time since the war, Polaroid expected to make a profit this year...
...there seemed to be a considerable difference between Herberger's chain of seven small-town stores and Butler Bros., largest U.S. wholesaler of general merchandise and also operator of 170 retail stores. Neither the Herberger hustle nor the magic of the Du Pont name could get the oldtime profits out of the 62-year-old company. Instead, Butler Bros, lost $4.3 million before tax carrybacks in 1947, squeezed out a small profit last year, but dropped $287,632 in 1949's first quarter. Its stock fell fcom 15 to 7 in two years...
Gump's sharp break with its incensescented past was decreed by Richard Benjamin Gump, 43, an artist-entrepreneur who took over as president in March 1947. This year he has boosted business 10% over 1948 (when the net profit was $160,000 on a gross of $2,600,000). To Dick Gump the change was part of a crusade against "that awful, stuffed-shirt attitude about art which scares the people and keeps the merchandise on your shelves...
When Hollywood's Producer-Director Anatole Litvak and Producer Darryl Zanuck gambled on filming The Snake Pit (TIME, Dec. 20), they knew that it might never be shown in Britain-a risk that could make the difference between profit and loss. They took the long shot that the movie would get by the British censorship ban on scenes within insane asylums. Last week, the gamble began...