Word: profitable
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...Hoeksema, 50, Midwest's chairman and CEO, is a walking advertisement for the benefits of deregulation. He started as a pilot with Kimberly-Clark Corp. in 1969, back when the government assigned routes and set profit margins, assuring existing carriers a captive market and barring new entrants. It was partly because Kimberly-Clark's headquarters, then in Neenah, Wis., was off the beaten path that the company started its private fleet. "Air travel was difficult and expensive. We were frustrated," Hoeksema says. The paper company named its unit Midwest Express Airlines and began offering service to the public--specifically...
...Roderick Bell, an Ohio state dropout turned businessman, bought two trucks as a tax write-off. Today Bell's firm, Texas American Express, shelters mainly profit. Sales are heading toward $12 million, and 80 freight trucks--whose colors range from salmon to emerald green to pink because employees can pick the shades they please--ply the roads from its modest base in Dallas to the Northeast and the West Coast. Bell is a success--and he has to work harder than ever to stay that...
...into research on the technology and procedures later used to bring Viracept to market. Agouron's net loss last year was $19.5 million, and under normal FDA review, Viracept would still not have been able to earn money for several more years. Under the new rules, however, Agouron can profit immediately from sales of Viracept, which, as one of only four protease inhibitors currently revolutionizing AIDS treatments, is sure to sell well. Viracept could earn $500 million in its first year in the marketplace alone. "We've essentially been losing money for a dozen years at high rates every year...
...billion-a-year electric-power industry slept for decades under a cozy blanket of cost-plus-profit income streams and fat dividends that seemed to promise payouts forever. The status quo is about to get a jolt from, among others, John W. Rowe, 52, president and CEO of New England Electric System of Westborough, Mass. NEES is New England's second largest power utility, with $2.3 billion in 1996 revenues and 5,000 employees. Under Rowe, the utility has become a leader in allowing consumers to shop around for electric power the same way they shop for long-distance telephone...
...management is unhappy because sales in U.S. stores have been flat as a frozen beef patty in the past two years and profit margins are eroding. Some of the 2,750 franchisees are unhappy--some downright testy--because rapid store expansion has cannibalized sales and the company's advertising and promotion, although ubiquitous, have been ineffectual. Most recent case: a deep-discount program called Campaign 55 (the company was founded in 1955), which hasn't been a rousing success...