Word: profitable
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Dates: during 1980-1989
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...weeks, the business has grossed $600, of which $300 is profit, said Christopher P. Bray, another pioneer of the off-campus company. A set of three condoms costs $2, and sponges sell...
...time when non-profit theaters are eclipsing the marquees of Broadway, theater critics must become strong advocates of the best plays and productions, a panel of top drama critics told a Boylston Hall crowd Monday night...
Prices could swing up or down before the contract is settled on its expiration date, but because of the original gap in prices, the trader has already locked in a profit, often called synthetic cash. If stock prices rise, the arbitrager will make a handsome return upon selling the shares; the money lost on the futures side of the transaction will not be enough to offset the profit because the price at which the futures were sold was overly high to start with. In the opposite scenario, falling stock prices will cause the trader to lose money on the stocks...
...have taken place so far this year, up from 2,463 deals worth $96 billion during the comparable period a year ago. As corporate raiders are well aware, institutional investors are more prone than other kinds of shareholders to sell during a raid, in order to gain a quick profit. They are also readier to hear arguments that focus on the value of corporations when broken into component assets rather than on their worth as ongoing enterprises. A poignant rendition of the managerial plight comes from Andrew Sigler, chairman of Stamford, Conn.-based Champion International, a $5 billion wood-products...
...pass the 2000 mark next year. For many shareholders, stocks remain the most attractive investments available, particularly since interest rates on bonds and bank accounts are relatively low at this time. Says James Campbell, an investor who heads a Manhattan photo-reproduction company: "Imagine I sold and took my profit and tax savings right now. What am I going to do with the money then? I don't see any better opportunities around." Andrew Lanyi, a top broker for the investment firm Ladenburg, Thalmann, says that only four of his 625 clients have sold stocks for tax reasons...