Word: recoup
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...where it was to join at least 385 other supertankers lying idle round the world, waiting for oil shipments to pick up. Potential mothballing costs: as much as $20,000 a day. The insurance payment would enable Christina to pay off the ship's $42 million mortgage and recoup most of the $10 million her father laid out as a down payment. Given the depressed state of the tanker market, Olympic Bravery would fetch between $20 million and $25 million-if a buyer could be found...
Wall Street analysts quickly saw the Pronto for what it was-a marketing tool to boost sales of SX-70 film and help Polaroid recoup the $350 million that it spent developing the SX-70 system. They predicted sales of 2 to 3 million Prontos annually, providing a hungry market for SX-70 film packs, which contain batteries to power the camera and sell at discount for about $5 each. Some analysts chided Polaroid for wasting time in descending from the unnecessarily complex SX-70 original to the simpler Pronto. Said E.F. Hutton Vice President Marvin Saffian: "If the Pronto...
...ever gets built in the MBTA yard site. The negotiations are the lifeblood of the Cambridge end of the deal, because it is by selling some sort of package to a developer--which may include entertainment facilities, hotels, or a small shopping plaza--that Harvard hopes to recoup the $3 million it would give the Kennedy Corporation...
...price rises on the 1976 models due in dealers' showrooms in the fall. Last week General Motors notified dealers by letter that the increase would not exceed 6%-thus in effect putting a tentative figure on the rises that all automakers have been talking about as necessary to recoup rising costs of materials and labor. A 6% increase would amount to $335 per car; added to average rises of $1,000 per car over the past two model years, it surely would not help lift auto sales out of the doldrums...
...million, he is one of the most prosperous pop stars on the scene today. He signed a landmark deal in recording history when MCA Records last year guaranteed him $8 million in royalties against all the albums he produces in the next five years. The company could recoup its entire investment by the end of 1976. John has sold 42 million albums and 18 million singles worldwide; nine of his twelve albums are over the million mark in the U.S. alone, often with several hundred thousand to spare. His latest album, Captain Fantastic and the Brown Dirt Cowboy...