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Word: profitable (lookup in dictionary) (lookup stats)
Dates: during 1960-1960
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Usage:

...could not blast away without granting equal time to the union, he bought the money-losing station anyway and turned it over to his eldest son, William Michael. In a year's time, Bill turned WJW's red ink into black, sold the station for a fat profit. Eventually Bill, now 46, left his father's company, bought Miami's WSKP...

Author: /time Magazine | Title: INDUSTRY: Those O'Neils | 4/18/1960 | See Source »

Such changes make it fairly certain that Douglas will become a smaller company. On the bright side is the fact that Douglas has already substantially written off costs of its DC-8, has thus taken its licks early and is in a good competitive position to profit on jet sales from now on. The company also has plenty of cash ($35 million) and working capital ($154 million), and recently tied up with France's Sud-Aviation (TIME, Feb. 22) to market the twin-jet Caravelle, thus enabling itself to cover both the long-and short-range jet field...

Author: /time Magazine | Title: AVIATION: Douglas' Dilemma | 4/18/1960 | See Source »

...cash, and instead of allowing herself to be seen with a purchase, preferred to send a servant around to pick it up a day or two later. Though the prices of such early paintings can now go up into the thousands, Mrs. Gunn had no interest in making a profit. She kept no record of her acquisitions, but instantly consigned them to the barn, where they were soon covered with filth-splattered, torn and fouled by bats and birds. What, then...

Author: /time Magazine | Title: Art: MAGPIE'S TREASURE | 4/11/1960 | See Source »

...fundamentalists do not try to make money in market swings by buying or selling to catch the highs and lows. They contend that the way to profit is to buy a stock only after an exhaustive investigation, then hold it. They admit that the chartists often call the turn of a market trend. But in the long run, the investor who picks the right stock in the first place and has the courage to hold it does best. The right stocks will go up, no matter what happens to the rest of the market...

Author: /time Magazine | Title: STOCK FORECASTING-: STOCK FORECASTING | 4/4/1960 | See Source »

...proxy battle, hired Slayton salesmen to sell Managed Funds shareholders the Townsend case. The Channing Corp., headed by Kenneth S. Van Strum, which operates eight mutual funds worth $218 million, challenged Townsend. It pointed out to Managed Funds' stockholders that, if Townsend won, the Slaytons would reap another profit through the sale of Slayton firms to Townsend. This proved a decisive argument to disgruntled proxy voters; last week Channing won handily by 500,000 votes...

Author: /time Magazine | Title: WALL STREET: Mutual-Fund Fight | 4/4/1960 | See Source »

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