Word: profits
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Dates: during 1950-1959
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...administration. One hundred former Fascist buildings grabbed by the Communists at war's end have now been recovered. Last week the government approved a new supervisor for Bologna's huge, Communist-run cooperative, which had been operating hotels, restaurants and bars for the Reds' profit. The government also began an investigation of financial shenanigans in Turin's Red-run cooperative...
...market for their own holdings, nor were they in any mood to do so. They bought for the long term, well aware that an investor who had bought stocks even at the 1929 peak-and held on through depression and wars-would by now have had a 37% profit in General Electric, an 87% profit in Sears, Roebuck, an 800% profit in Dow Chemical. As one Wall Streeter said, "The big boys aren't looking at the Dow-Jones...
...management found that it either had to produce the goods-or be thrown out. The proxy fight of the year gave scrappy Bob Young control of the New York Central. Within seven months he also had a fat paper profit of about $4,000,000 on his personal and company stock holdings, after a 10-point rise in Central stock when prospects for the road brightened...
...Bosses Dale and Bateman, red-faced and perspiring, stood up before U.S. Federal Court Judge Fred L. Wham for sentencing. Said Judge Wham: "Dale has been disloyal to the men he represented . . . He has a faculty for instilling fear of physical violence in people. He has never failed to profit in full from use of his abilities in this line." Then Judge Wham handed down the sentences: for Dale, 15 years in prison and a $10,000 fine; for Bateman a $2,000 fine and probation for five years...
...Evans bought up successful small companies, often with sizable cash reserves, then put them to work making more money. Porter stock, which was selling for less than $1 in 1944, last week was selling at $100 a share, as Tom Evans announced a 4-for-1 split. His overall profit on his Porter deals: some $20 million...