Word: profitable
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Dates: during 1980-1989
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...offered, in cash, and then trade any of the shares that Fluor was offering of its own stock as soon as possible. (The article doesn't indicate whether Harvard got stuck holding shares instead of cash, by choice, but the shares, could have been dumped of a near profit right after the deal, nonetheless...
...producer in most of those fields, giving it a solid chance to rebound from its current low position. But, no, Harvard held on to it all during its slide, and waited until it just about hit its 52-weeks-low to unload, thus cheating the endowment of a solid profit, and ignoring a chance to make a needed statement about the racist apartheid regime of South Africa...
...profit program, Community Tax Aid of Boston, has already began serving residents in 11 locations, helping more than 100 taxpayers in its first week. Those individuals who have a yearly income of less than $9000 and those families with an income no greater than $14,000 qualify...
...government. But in the wake of last week's reassuring appointments, few analysts expect any radical departures. Says Jacques Drossaert, a Paris-based vice president of Merrill Lynch International: "Many of the companies nationalized in the past were run just like private companies. To make a profit, they had to be. There won't be that much change this time either...
...Citibank's international staff in Paris, walked into SEC headquarters in Washington with an extraordinary tale. He charged that Citibank had created an intricate system of special telex messages, false documents and secret sets of books to evade taxes on its European operations. The technique involved hiding profits from tradings in foreign currency by creating artificial transactions with Citibank's branch in Nassau, the Bahamas, where taxes are lower than in Europe. In one such deal, Edwards charged, a telex from the Paris branch of Citibank instructed the Nassau office to buy $6 million worth of French francs...