Word: profitable
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Dates: during 1960-1969
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...motion put forth by Professor Putnam to abolish ROTC in any form from the Harvard University campus. Charles E. Allen Jr. '70 Steven Roose '70 Robert W. Steinberg '69 Norman B. Epstein '71 Martin Hanlon '69 Noelle Caskey '70 David Palmer '70 Wesley E. Profit '69 Tracey R. Lecklider '69 Johnathan D. Ritvo '69 Michael A. Bundy '70 Joan S. Rubin Joe McCune '70 James Kilbreth...
...have a cooperative tenant-landlord relationship with the center itself. On its own, the center has sponsored only the repertory theater-an esthetic as well as a financial disaster during most of its history-educational programs and special events such as the summer festivals, which have never shown a profit. Because of the vast fund-raising campaigns undertaken to create Lincoln Center, it has almost reached the exhaustion point in finding new sources of gift revenue. What the center needs now is a fiscal wizard rather than a gifted artist as its next president...
...from 1960 to 1967. At last week's hearing, the Senators were particularly disturbed by the discrepancy between prices for work covered by auto manufacturers' warranties and prices on nonwarranty jobs. The automakers pay for the warranty work and they allow the repairman only a 25% profit margin. But on other repair jobs, the markup runs 40% and more. Garages also tend to offer discounts to such big customers as insurance companies and auto-fleet owners. Volume discounts, of course, are common in all U.S. businesses, but Michigan Senator Philip Hart, the subcommittee chairman, wondered "whether the cash...
...their dealers to sell cars rather than provide service. Auto manufacturers, who were not asked to testify, argue that 95% of their dealers provide adequate service but admit that the other 5% can give the whole business a sour reputation. Car dealers insist that they average less than 1% profit on repair work. Other repair shops, said Robert Straub, president of the Independent Garage Owners of America, "are struggling to stay alive"but his testimony rang rather hollow after the reports of the steep markups...
...smallest dabbler in penny stocks and the manager of a billion-dollar mutual fund have at least one thing in common: both men are always alert for the inside tip, the informed gossip that can lead to quick profit. Not surprisingly, stockbrokers often pick up those tips ahead of their customers. And they usually pass the information along to large institutions whose trading pays big commissions. Last week, for just such misuse of inside information, the Securities and Exchange Commission severely penalized the world's biggest brokerage house, Merrill Lynch, Pierce, Fenner & Smith...