Word: profitably
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Dates: during 1970-1979
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...doing a decent job of regulating American flagships, mandating such things as crew qualifications and training, navigational and safety equipment. But it has done little to regulate foreign ships, many of which are registered in Liberia and Panama to avoid U.S. or European taxes, wage scales and expensive?hence profit-cutting?regulations on crews and equipment. Liberia, which has no natural harbor, has the world's largest tanker tonnage?with some of its ships American-owned. Such ships and their crews frequently fail to meet adequate safety standards. The Argo Merchant, for example, was involved in 18 "incidents"?including...
More important, BP's profit prospects are bright. The company, hit hard by global recession, registered the lowest profits of any of the seven international oil giants in 1975?$336 million. In last year's first nine months, profit rose less than 6%. Estimates are that earnings will more than triple this year and will rise a further 60% or more in 1978.* Reflecting these great expectations, BP common has almost tripled since the start of 1975, to $13.44, making it Britain's hottest industrial stock...
...from competitors, it is clear that Government Employees Insurance Co., the ailing former wonder child of the industry (TIME, July 19), will live. The latest signs of viability: after losing $124 million in 1975 and $40 million in the first six months of 1976, GEICO turned a small profit in the third quarter; it expects more black ink in the last three months. The company has sold a $75 million issue of preferred stock, mostly to its present shareholders, with surprising ease, giving it a desperately needed injection of new capital. And the price of its common stock has more...
...returns on a "unit" CRF is determined annually according to the investment's fair-market value, Brown said, while the interest on an "annuity" CRF is permanently established when the fund is started. In the second case, Harvard absorbs any profit or loss...
...networks were concerned about ratings when I was working in TV in the '50s, but the condition has been seriously aggravated. If I were in control of a network, I think I would be satisfied with a mere million-dollar profit instead of a 150 million-dollar profit. I would supply on prime time a healthy chunk of beauty and commitment. I think the American people deserve some truth-at least as much truth as we can give them-instead of pure entertainment or pure addiction...