Word: profitable
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Dates: during 1980-1989
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...civil complaint against Siegel, the agency charged that he had passed on insider information to Boesky starting around August 1982. On the basis of those tips, the arbitrager was said to have made at least $33 million in illegal profits. Among the deals in which Siegel, as a Kidder, Peabody vice president, was charged with having passed on information was the proposed 1984 sale of about 20% of the shares in Los Angeles-based Carnation, a move that seemed bound to attract takeover sharks. Siegel is believed to have tipped off Boesky, who bought 1.7 million shares of Carnation...
...same time, Siegel passed illegal insider information back to Goldman, Sachs' Freeman. Siegel allegedly told Freeman of secret plans by a Kidder, Peabody client, the Manhattan investment firm Kohlberg, Kravis, Roberts, to launch a takeover bid for Miami-based Storer Communications. That put Freeman in a position to profit from trading in Storer stock...
Alper and Kramer have invested more than $1000 in ClassMates, which, based on recent sales revenue, they expect to turn into a slight profit before graduating in June. Most of the cost is attributable to advertisements and printing costs of the four-page flyer...
...Price's narrower vision is starting to produce what Control Data needs most at the moment: profits. The company is now more focused on what it knows best, computers, just in time to take advantage of an upturn in that business. Indeed, analysts expect Control Data to show a profit as high as $80 million for 1987, compared with a loss of $264.5 million last year...
...office, with their C.P.A. faces and helpful hands, share a big-brotherly lech for the hardest-working gal in law biz. But Alex has no emotional life, no obsession but her work. When she discovers that Catharine has the same fixation -- except that her work is murder for profit -- Alex finds a freer, more dangerous part of herself. Could she become her own evil twin? Catharine would like the world to think...