Word: profitted
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Dates: during 1950-1959
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...began to take the bulk of Britain's "telly" viewers away from BBC. To meet the competition, BBC itself has lately turned to less cerebral programing, including plenty of U.S. westerns. The fact remains that ITV furnishes a striking example that a TV network can be run for profit without giving the advertiser control of the programs. British sponsors buy time on ITV as advertisers buy space in newspapers, can choose their time of day but have no say about the program that backs up their commercials. Hence, unlike Madison Avenue ad agencies, they cannot dictate the kind...
...foods, leave the meat to the outside butcher; only a few are big enough to produce their own brands of canned goods. But they all have one thing in common with U.S. markets: high-volume, low-markup operations, which give customers more for their money and the operators more profit...
...York Central reported a deficit for the third consecutive month, and a cut in nine months' earnings to 52? per share v. $1.56 per share at the end of June. The Pennsylvania had a $2.3 million loss in September that wiped out its eight months' profit and put the road $449,346 in the red for the first nine months. Other nine-month rail earnings: 1958 1959 New Haven $3,534,080 $7,362,154 (loss) (loss) Erie 5,487,565 5,191,812 (loss) (loss) Union Pacific 2.17 1.87 Oil company earnings for the third quarter were...
...sold a six-month, ten-day call on American Motors for $625. This gave the purchaser the right to buy 100 shares of American Motors at 37⅛ at any time before the option expires on Dec. 7. With American Motors now selling around 80, there is already a profit of more than $3,500 on the call. Calls for six months and ten days or longer are the most popular because any profit on a call of that length is a long-term capital gain, taxable at a maximum...
...giving the buyer the right to sell 100 shares at 37⅝ by Dec. 2. Boeing is now quoted around 30, but the buyer of the put can still exercise it at 37⅝. After deducting the $400 costs for the put and commissions, the purchaser has a profit of about...