Word: profitted
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Dates: during 1970-1979
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There was. They were the recorded history of his most consuming and urgent adult endeavor up until he ran for President. From the profit column Carter got the message that he could go forth to serve the country. The experience is about as old as being a born-again Christian, though perhaps not so lofty. But it makes no more sense to try to purge Carter's soul of the free-enterprise spirit than to try to sway him from his religious convictions...
...accurate description at the time, but since then Volkswagen has turned around sharply enough to enhance Schmücker's growing reputation as the Herr Fix-It of German industry. Two weeks ago, Schmücker, 56, reported that in 1976 the company had cleared a profit of $425 million, which, with tax credits, is more than enough to wipe out its losses of the previous two years, and that it is resuming dividend payments, which were suspended after 1973. And last week Schmücker journeyed to Pennsylvania to check on the development of a new plant that...
...scarcely news that 1976 was a banner year for big companies-but just how good it was became a bit clearer last week when FORTUNE published its annual directory of the 500 largest U.S. industrial corporations. Specifically, by one important measure of profitability it was the best year since 1968. Aggregate sales of the 500 rose 12.2%, to $971 billion; profits climbed much faster, increasing 30.4%, to $49.4 billion. That meant that the median corporate blue-blood kept 4.6? of every sales dollar as net income, a seemingly modest profit margin but one that had not been matched in eight...
Auto companies did best of all; the four in the list raised their median profit by 138.5%, despite another huge loss for American Motors. General Motors regained its historic role as the No. 1 profitmaker,* topping Exxon $2.9 billion to $2.6 billion, and Ford bumped Texaco out of third place in sales, $28.8 billion to $26.5 billion. Oil companies, however, did well too. Exxon led in sales for the third straight year, with $48.6 billion; Gulf Oil (sales: $16.5 billion) knocked IBM ($16.3 billion) out of seventh place, and Shell ($9.2 billion) displaced U.S. Steel ($8.6 billion...
Networks maintain lavish news operations for prestige more than profit, but ABC News' poor ratings have been something of an embarrassment for the network, which this winter took a commanding lead over CBS and NBC in prime-time entertainment ratings. For the month ending May 1, ABC's nightly newscast had an average audience share of only 17%, a point lower than the average share for the month before Walters arrived last fall. By contrast, CBS'S evening-news share rose from 29 to 30 and NBC's from...