Word: profits
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Dates: during 1960-1969
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...McLean contretemps-a falling-out romantically attributed to a slur on one mug's moll-they theorize that other motives have since arisen. Many of the victims made their living as loan sharks. This is big, if disorganized, business in Boston's lower crust. The "vigorish," or profit, is estimated at $1,000,000 a week. With that kind of take, the competition for trade is bound to be keen. As might be expected, the surplus of bodies has been accompanied by a dearth of witnesses and evidence. Just five of the 43 killings have been solved...
Designed for the stockholder with a large interest in a single stock and a distaste for capital-gains taxes of up to 25%, the swap enables him to pool his shares with similar owners of other stocks and profit from diversification. So successful has the idea been that 26 swap funds are now operating, and 13 more were registered before the cutoff...
...figures make the merger, which will form the world's biggest privately owned railroad (20,000 miles), seem a richer deal than ever-but no less necessary. Central President Alfred E. Perlman complained that his company's profit was still "peanuts." Saunders echoed Perlman's conviction that the merged roads could do a lot better...
...lange is not at all the thing for a modern industrial nation. Importing the "new towns" concept from other European countries and the U.S., Milanese Financier Renxo Zingone, 58, is pushing a somewhat heretical "desire to build cities in a rational, non-chaotic fashion"-and at a profit...
With anxious attention now focusing on 1967, early-reporting U.S. corporations are supplying emphatic reminders that 1966, despite a selective year-end slowdown, was the most prosperous year in U.S. history. Items: Bethlehem Steel, in an industry that often seems to roll its profit margins thinner year by year, far outstripped its 3.5% sales increase with a 14% rise in earnings to $171 million. To fatten sales as well, Bethlehem is pushing an invasion of the Midwest with a $500 million expansion of its Burns Harbor plant near Chicago, long a virtual fiefdom of Inland Steel...