Word: profitable
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Dates: during 1980-1989
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Kennedy school graduates choose to enter a variety of fields after receiving their degrees. In 1985, 40 percent chose government positions at the federal, state, or local levels; 11 percent chose non-profit agencies; 12 percent entered the private sector. The graduates showed an average starting salary of $28,000 compared to $45,000 for Harvard MBA's, according to the Washington Post...
...millions. The strategy can work wonders. Less than two years ago, Santa Monica, Calif.-based Wickes Cos., a home- improvement and consumer-products firm, emerged from Chapter 11 bankruptcy protection and launched a series of takeover bids. Last week Chairman Sanford Sigoloff announced Wickes' latest coup: a $30 million profit on the sale of stock and options it accumulated in a $2.2 billion takeover try for Toledo- based Owens-Corning Fiberglas...
...began in the early 1980s, as the value of gold headed downward. The boom is now mostly confined to large, well-financed firms that were initially attracted by gold's higher price. With gold currently selling at more than $400 per oz., the operators can still make an average profit of as much...
...national and international rivalry may bring car shoppers lower prices and a better selection of products, but it also threatens to put an ugly dent in Detroit's profit statements. Honda's sudden rise is an indication of how tough the renewed competition will be. The company has added a formidable new reputation for quality automaking to the traditional Japanese manufacturing virtues of durability, faithful service and moderate prices. This year a survey of more than 23,000 buyers of 1985 cars in the U.S. by J.D. Power & Associates, a California consulting firm, showed that Honda enjoyed the country...
...Fargo became the first institution to react, though competitors thereafter quickly fell in line. Industry experts suggest that one reason for the sluggishness was that many major banks, facing massive liabilities in Latin America and elsewhere, are trying to boost revenues. By stalling on rate cuts, the banks can profit on the difference between what they pay for funds and what they charge their customers. Says Steven Gavios, a New York City banking analyst: "The major banks were trying to hold on to expanded profit margins as long as possible...