Word: profitable
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Dates: during 1940-1949
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...money in payment. Part of this currency is blocked; little of it can be used by publishers to pay their expenses. By trading the foreign currencies to the U.S. Government for dollars, publishers could meet their expenses. No subsidy had been asked or offered: no publisher would make a profit out of the exchange...
...After St. Martin got a hole in his stomach from a shotgun blast in 1822, he lived 58 years, to the great profit of medical researchers. A doctor put food directly into his stomach through a flap, and got a close-up picture of digestion...
...make his point. For as little as $137.50 a speculator may buy a "call," i.e., a 30-day option to buy 100 shares of stock at the price prevailing on the day he bought the call. If the stock rises, he exercises the option and takes his profit. A "put" is the reverse: a trader buys an option to sell stock, cashes in if the price falls. (Both puts & calls are used as hedges to protect paper profits...
...said that his purpose was merely to call attention to "inconsistencies in Government lard purchase policies." The Department's Commodity Exchange Authority thought differently. Last week it charged that the memo was a trick of Moore's to spread false reports and boost prices for his own profit. At the time the memo was issued, said CEA, Moore was "long" (i.e., betting that the price would go up) on 1,900,000 pounds of lard futures. In the preceding 21 months, added CEA, Moore had made $445,000 trading in commodity futures...
...average of $25 million a year for nearly a decade. Since then it has grown into the world's fourth largest oil producer (total assets: $839 million), with holdings scattered from Venezuela to the Middle East. For the first quarter of this year, the company reported a whopping profit...