Word: profits
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Dates: during 1980-1989
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...Senator, but Minnesota Republican Dave Durenberger is not known as a best-selling author. So why did his books on health care and national-security policy show such a hefty profit...
...Crimson, ever solicitous towards other Harvard organizations, was concerned that Ehrenreich's actions would jeopardize PBHA's non-profit status and drive away flocks of volunteers...
...chain was founded in 1865 by Benjamin Altman, the son of a milliner. In recent decades, the stores were run by the Altman Foundation, which gave $500,000 of the firm's profits to charities each year. Four years ago, the foundation sold Altman's to B.A. Realty Associates for a price estimated at more than $100 million. The investors then sold the chain, without the real estate, to two accountants, Anthony Conti and Philip Semprevivo, who quickly cut costs and revived the store's merchandising by turning over some departments to savvy outside retailers like toy seller F.A.O. Schwarz...
...from TWA to Allied department stores awash in red ink. "Many of the raiders' problems are self-inflicted," says Stuart Bruchey, a professor of economic history at the Columbia University Business School. "They jump into businesses that they don't understand, and expect to jump out with a quick profit. But they end up getting badly bogged down...
...companies better than they were being run." Pickens, 61, never managed to acquire such energy giants as Gulf Oil, Phillips Petroleum and Unocal, all of which he attacked in the mid-'80s. Yet he enriched himself by acquiring stock in the companies and then selling the shares at a profit, making nearly $400 million on his Gulf raid alone...