Word: profitted
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Dates: during 1970-1979
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...school he was working in the fields. His home lacked electricity and running water. Initiative was esteemed. At nine, he bought five bales of cotton with money he had saved from selling peanuts and stashed them away. A few years later, he sold them for enough profit to buy five old houses in Plains and became a landlord. The venture made him a confirmed capitalist...
...million for 1975, $27.7 million of it during the fourth quarter. But the last three months were in the red only because Chrysler incurred losses of $62.6 million on the sale of its Airtemp air-conditioner division. For the first time in five quarters, the company earned a profit (of $34.9 million) from its automotive operations. Riccardo predicted a net profit in each quarter of 1976, and Wall Street seemed to believe him. Investors bid the price of Chrysler stock as high as $19 a share, $3.37 above the previous week's close, before profit taking trimmed...
...million) by the end of the decade; for Chrysler, a steady strengthening quarter by quarter rather than spectacular gains. One reason for the moderate view: Chrysler has paid no dividends on common stock since the third quarter of 1974 and it will have to earn a lot of profit-about $200 million-before its bankers will let it give common shareholders anything...
Epps erred further in arranging rent-free use of a Buildings and Grounds vehicle for Harvard Delivery, violating a longstanding B&G policy. The student subscribers who have been shortchanged by the service now discover that they have unwittingly been subsidizing its profit-seeking operations...
...present Popular Party government has responded to the current crisis by trying to patch up the Bootstrap program. Its first answer is an advertising campaign in the American financial press that touts the benefits of doing business in "Profit Island, U.S.A.": political stability, tax exemptions, and a very productive labor force. Beyond the advertising, the government's most important plan is a renegotiation of the relation of Puerto Rico to the United States that would preserve the colonial framework but allow some autonomy in setting wages, pollution controls, and tariffs. This "compact of permanent union", now before Congress, would permit...