Word: profitable
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Dates: during 1970-1970
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Brown explained that Coop officers had originally predicted a profit of $500,000 for 1969-70. The Coop actually earned just...
Businessmen have been turning to the Administration for helpor at least guidancein holding back inflation, but so far they have received little of either. Nixon's economic game plan foresaw a profit squeeze, which was supposed to toughen management resistance to union demands. According to the plan, this would lead to some big strikes, but ultimately to a decline in pressure for extravagant wage increases. The plan has not worked out the way the Administration had hoped. The strikes have indeed hit, but in many major settlements, management has been forced to capitulate to inflationary...
Eckstein's group also analyzed the production and profit losses that the strike caused in industries that supply the automakers. The figures below show how far fourth-quarter output and earnings in these industries will probably fall below the results that would have been achieved if G.M. had stayed in full operation...
...Product Profit Drop Rubber 4% 15% Steel 6% 18% Nonferrous metals 4% 6% Fabricated metals 4% 5% Electrical machinery 5% 6% Nonelectrical machinery...
...from WHDH to BBI may also have serious financial repercussions. WHDH president Clancy maintained that the loss of broadcasting revenue would not force the parent company, Herald-Traveler Corp, to cease publication of the newspaper. But the issue is in doubt. Most of the company's $2.8 million net profit last year came from WHDH while the faltering Herald-Traveler operated at a loss...