Word: profitably
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...years of excess. "New banks see people having a tough time getting loans, plus their funding costs are cheap since rates are low and they pay next to nothing for deposits," says Richard Sylla, an economist at New York University's Stern School of Business. "There's a profit opportunity there." Odd as it may sound, it's a great time to start a bank...
People who wanted to invest money in the market saw what they were waiting for in a few pieces of news. The first was that Citigroup CEO, Vikram Pandit, made public remarks that his company had a profit in the first two months of 2009. But, even school children who hone their skills trading mock accounts online know that two months do not make a quarter, especially in banking. Some auditor may mention that Citi's toxic assets ran into more trouble in this quarter or that its consumer credit and LBO businesses needed to be adjusted for bad debt...
...Shuffle costs $79 and replaces the one that cost $49. That's potentially a big driver to Apple's bottom line. Veteran Apple analyst Gene Munster of Piper Jaffray thinks the higher price tag carries higher margins for Apple, increasing its revenue and profit. That's yet another reason Jobs would have delivered the news and taken the victory lap. (See the top 10 iPhone applications...
...There has, in the past five years, been no instance in which the UC has given money to a for-profit organization except when the UC has required their services rendered,” Sarafa wrote in an e-mail sent to the list...
...unanimous vote in favor of the legislation to endorse and publicize the enterprise is in keeping with a similar arrangement that the council had with CrimsonReading.org, a site devoted to helping undergraduates find cheaper, used textbooks. Although, when Crimson Reading was created in 2006 it was a non-profit site and the site’s profits were donated to a charity in Zambia...