Word: profitable
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Dates: during 1990-1999
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...money in a student's residence (students are allowed to sell their TVs and futons). Whether this rule should apply depends on whether their drug dealing was of a scale that was disruptive, or if they were selling to only a close circle of friends and not for profit. And since their arrest came only after weeks of intensive investigation, it is doubtful that their dealing was very noticeable...
...former writing teacher (Stanford, University of Wyoming) is also a force of corporate profit. Her first two novels were modest successes; her third was Waiting to Exhale, which swept the nation's bedrooms, beaches, hair salons, reading groups and rush-hour subway trains, selling almost 700,000 hard copies in the process and 3 million more in paperback. Numbers like these would have drawn any publisher's attention, of course. The fact that an African-American author was writing about vivid characters with whom many black women could identify had the added effect of proving to booksellers that there...
...Sotheby's last week was the desire "to buy a piece of history." These were not, by and large, run-of-the-mill collectors, people who amass hordes of stuff centered on a particular interest or obsession. Nor were most of them there in the hope of turning a profit later on their acquisitions. Bruce Wolmer, editor in chief of Art & Auction magazine, says of the high-priced Jackie items, "Most of them will probably not hold their value over the long haul. They won't lose it completely; they won't go back to being...
...firms that dominate the cereal industry. "Their rivalry is more akin to the choreographed grunts of televised wrestling than a cutthroat duel to the death," says John Connor, a professor of agricultural economics at Purdue University. "The ultimate weapon, steep price cuts, is rarely used." That has kept profit margins high. Ronald Cotterill, director of the Food Marketing Policy Center at the University of Connecticut, estimates that cereal firms pocket an average of 17% of their sales as operating income, vs. 7% to 8% for the food industry as a whole...
...million question is, Will large grocery chains thwart Post's intentions by using the wholesale-price cuts to fatten their own profits instead of lowering shelf prices? While companies such as A&P vowed last week to pass along "most" of the savings, others are being coy. Many could well be reluctant to undercut their own house brands, which have even higher profit margins than national brands...