Word: profitted
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...Virgilio Gonzalez. The project, dubbed Watergate Hills, is a brainchild of Florida Builder John Priestes, who himself just ended a six-month stint in the slammer for FHA influence buying. The foursome hope to make $7 million to $9 million from the 600-unit complex, but last week their profit margin was shaved when thieves relieved on-site construction trailers of $9,000 worth of equipment. "The irony to me is that when we went to the Watergate and were called burglars, we didn't take anything," said an indignant Barker after the robbery. "As a matter of fact...
...collapse came as no surprise to financial experts. The British travel industry has been plagued by undersecured operators, perilously narrow profit margins and cutthroat price competition. In the past five years, 44 firms have folded and many others are in trouble. Last week the collapse of the Tabberer Agency in Birmingham left 800 Britons stranded in Canada...
...broker quips: "What is he [President Ford] expected to do? Chew out the Lord for not providing rain?" Meanwhile, high interest rates continue to draw money out of stocks into such investments as Treasury notes and utility bonds, and trading is too light for many brokers to make a profit. Robert H.B. Baldwin, president of New York's Morgan Stanley & Co., predicts that "between 100 and 200 [brokerage] firms will merge or go out of business if short-term interest rates do not decline substantially, if the stock market does not improve markedly in price and volume...
...proposal to have the Navy, which has ordered 374 Tomcats, lend Grumman $100 million. Grumman had claimed that it needed the money immediately to meet its payrolls. But Senators angrily noted that Grumman had reinvested an earlier Navy loan in high-yield, short-term securities and made a net profit of nearly $3 million. Some Senators also were annoyed that Grumman had paid dividends of 15? a share to stockholders in the last two quarters; Grumman last week postponed until next month action on another dividend, but conceded that it has the money...
...Profit from a Monetary Crisis, Browne...