Word: profitted
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...very low ebb. presently running about 22% behind a year ago." In a crash drive to save money, the line cut its work force by a fifth in the past year, is doing practically no heavy maintenance work. Its cash is "exceedingly low," and its prospects for a profit in 1958 "extremely doubtful." The Pennsy has skipped its dividends for the first two quarters this year. When a stockholder asked if the Pennsy would pay any dividend this year, Symes replied: "I make no promises...
...other side of the dial was shown last week by Elgin National Watch Co., the nation's biggest fine watchmaker, which makes some 200 models in a $34.75 to $150 price range. For 1957, Elgin reported a net loss of $2,442,076 v. a $671,380 profit the year before. Sales were off 26% to $31.1 million, and President J. G. Shennan said solemnly that he could not predict "an immediate return to profitability...
...vaccine, they noted, had been cut five times, to a little over half the initial price. "It would be a strange conspiracy," said Eli Lilly's President Eugene N. Beesley, "that had as its purpose repeated decreases in prices -never an increase.'' Lilly's average profit, said Beesley, was only 6¼? per dose, against which the company took the gamble of producing vaccine without assurance of a market. Currently, Lilly has an inventory of 24,043,000 doses. Since demand has fallen way off, Lilly may have to destroy the vaccine, because it loses potency...
...reason for Du Font's turndown of the Government plan was an Internal Revenue Service ruling that would cost Du Pont stockholders millions. IRS ruled that the G.M. stock, if distributed, would be taxable at ordinary income rates when received. If the stock was sold, any profit would be taxed again either as straight income or capital gains. For individual Du Pont stockholders, said President Crawford Greenewalt, income taxes alone would come to an estimated $580 million, plus another $100 million for corporations owning the stock. Moreover, so many shares would be dumped on the market that the market...
...life might be called Rabelaissezfaire. When Pop vents his heroic belches, he sounds like Charles Laughton playing Henry VIII. Pop is little seen in the strawberry fields, for he roams the countryside on a spivishly freewheeling enterprise called "the scrap iron lark," which nets him a 600% profit, a margin Pop regards as "perfick." Spacious, sportive Ma Larkin furnishes a groaning bed and board, fills her voluminous pink nylon nighties like two nudes by Rubens. Wed only in the sight of the common law. Ma and Pop have six children, only one of whom causes them a smidgen of concern...