The decision by the majority shareholders, the Moores family, to sell out to Tom Hicks and George Gillett in 2007 was part of a wider trend for traditional, generally philanthropic, local owners to cash in to new, frequently profit-driven investors.
Alonso had been racing nearly a perfect season in a Ferrari that was far from the best car on the grid, and he had frequently profited by the errors of other drivers.
The waste will take the form of the U.S. taxpayers subsidizing the officers, shareholders and subordinated debt holders of failed banks -- who are disproportionately wealthy, frequently profited from the accounting fraud that caused the banks to fail, and are often foreign.
At that time, arbitragers who noticed that there were mutual funds whose share prices differed from the fund's underlying securities traded frequently to profit from the anomalies.
Mr. Hilbert, who in the past has frequently forecast profits, declined to do so.
Their mutual animosity is frequently unmoored from profit margins and bottom lines, a passionate conflict that at times seems like a Washington version of the Hatfields and McCoys.
He was replaced by his former captain, Harry Kent, who become known for his financial management of the club; under Kent, Watford frequently made a profit in the transfer market.
Many of those deals, which frequently generated big profits for Bain's investors and partners, resulted in layoffs, in some cases because the companies were in deep distress and in others to cut costs.
Even agencies that are registered non-profits frequently charge high fees.
New smartphones like the touch-screen Storm or high-end Bold were attracting new sales, the company said, but existing customers, mainly businesses, were not upgrading as frequently as expected, crimping profit margins.
Stocks are very thinly traded in the after-hours market, when day traders frequently swoop in to profit from fast-breaking news.
