Word: profitable
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Dates: during 1990-1999
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...only has TWA survived, but the carrier once piloted by mogul Howard Hughes and later by corporate raider Carl Icahn has been enjoying a financial turnaround. Just hours before Flight 800 went down, TWA reported a $25.3 million profit for the second quarter, a fivefold gain over the same period a year ago. And with passenger traffic growing, and its $300 million cash stockpile rising, TWA has been planning to add as many as 40 Boeing 757s and 15 McDonnell Douglas MD80s to modernize the U.S. industry's oldest fleet (average age: nearly 20 years). The airline canceled a party...
...June 1995, the Foundation, a New York-based non-profit institute, organized a conference in Northern Ireland titled "Community and Reconciliation...
Those art lovers packing the big Cezanne show in Philadelphia this summer are participating in the latest rite of American commerce: high culture as a profit center. With urban jobs and tax revenues shrinking, cities like Philadelphia eagerly seek blockbuster art shows to bring in the dollars. Major exhibits like New York City's 1992 Matisse retrospective can raise more moola than a Super Bowl or presidential convention. Chicago's four-month Monet show last year attracted nearly a million viewers and pulled $140 million into the area, surpassing the $109 million that Super Bowl XXX fans brought to Arizona...
...bloated inventories, depressed sales and price cuts, Digital's PC division saw revenues fall by 10 percent. The events of the last two days raise concerns about Digital's financial performance in the most recent quarter that ended last week. Analysts had been expecting Digital to post a profit of about $1.06 per share for the second quarter, but that number is now expected to be below 80 cents, before applying the $475 million restructuring charge. TIME's Philip Elmer-DeWitt reports that Digital's woes do not signify a trend in the industry. "Digital's unhealthiness predates any short...
...bloated inventories, depressed sales and price cuts, Digital's PC division saw revenues fall by 10 percent. The events of the last two days raise concerns about Digital's financial performance in the most recent quarter that ended last week. Analysts had been expecting Digital to post a profit of about $1.06 per share for the second quarter, but that number is now expected to be below 80 cents, before applying the $475 million restructuring charge. TIME's Philip Elmer-DeWitt reports that Digital's woes do not signify a trend in the industry. "Digital's unhealthiness predates any short...