Word: profitable
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Dates: during 1980-1989
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...paper is an independent, non-profit organization not affiliated with Harvard, the founders said. The Hillel Council of Greater Boston provided the paper with a start-up grants but the paper's operating budget will come from advertising revenue, Rose and Cowan said...
...goes to a school with the reputation ofHarvard, one would like to profit a little moredirectly from that reputation, which means moreinteraction with senior faculty," Gray said...
Secord and Hakim benefited more from the arms sales than the contras did, according to the report. Of the $16 million in Iran arms profits, the contras received just $3.8 million. Secord, who testified that he sold weapons to the contras with a profit markup of 20%, actually took profits that averaged 38% and sometimes reached 56%. When Contra Leader Adolfo Calero discovered he could buy weapons far more cheaply through a European arms dealer, North made sure that none of the Iran arms proceeds went directly to Calero. Instead they went to Secord, who continued to sell to Calero...
...legal controversy over insider trading dates back at least to the beginning of the century. In 1909 the Supreme Court held that a corporate director could not legally profit from buying his company's stock based on information about the firm that he had concealed from another shareholder. But that case was too narrow to serve as a model for other insider-trading cases. The nearest thing to a definition is a provision in the Securities Exchange Act of 1934 that prohibits using a "manipulative or deceptive device" in connection with the purchase or sale of a stock. In recent...
...expensive pipeline, dropped $214 million and was losing tire sales to the South Koreans. Goodyear survived only with the help of favorable legislation, and when the battle was over Akron's mayor expressed the local sentiments by saying, "We kicked that slimy bastard out." But Goldsmith ended with a profit of $93 million, and Goodyear adopted many of his ideas for a return to profitability...