Word: profitably
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Dates: during 1970-1979
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...receivers of pensions to sue managers of the funds for poor investment performance. Fearful fund managers have adopted a supercautious strategy, setting themselves the modest goal of only matching the performance of the popular stock averages, and pulling out of an issue any time they can turn a small profit...
...headquarters is in Chicago, Carlson lives in Seattle and commutes between the two cities. He was the driving force and idea man behind the 1962 Seattle World's Fair, a turning point in the city's development. Not only did the $100 million bash turn a profit of $500,000, but it endowed the city with many permanent buildings, including the Cultural Center and the Space Needle, a spidery, 607-ft. structure that is Seattle's Eiffel Tower...
...more than halfway through Scott's "fiveyear plan" for making A. & P. solidly profitable, the results are dismal. Last month A. & P. reported that earnings in the quarter ended Aug. 27, the second period of its fiscal year, dropped a sickening 88% below a year earlier, even though sales rose 2.4%. After that news broke, President Gentry resigned. He has been succeeded by David W. Morrow, 46, who once worked with Chairman Scott at Albertson's, a food and drug chain based in Boise, Idaho. Though A. & P. is closemouthed about the profit crash and the executive shift...
...charges that the Soviets are deliberately running deficits to "buy" cargo business from foreign competitors, Novacek retorts: "This is purely a business arrangement." Professor Joseph Sweeney, a Fordham University authority on maritime law, also believes the Soviets insist that each of their shipping lines and agencies show a profit. Indeed, he thinks the Soviets are "using free enterprise tools" to attack price-fixing cartels...
...superheated gas-saturated brine, which yielded up 1.5 million cu. ft. of gas. The Department of Energy's David Lombard estimates that a geopressured well would have to yield 40,000 bbl. of water a day for five to ten years to turn a profit. Whether the reservoirs can produce at that volume is one of the questions to be answered by drilling a series of test wells in Louisiana and Texas during the next two years...