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The troubled North American business managed a 5% increase in profits to $606m, the smallest generator of profit, with the Middle East bringing in $747m and Latin America $1.1bn.
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"They spend whatever disposable income they have on their hobby, and they're disproportionately a greater generator of profits than the general public.
In taking the job, he was given a mandate by Mr. O'Neal to enhance Merrill's risk profile, and in the ensuing years, Mr. Kim's business became a prime generator of profits.
While Enron has a large pipeline business and other tangible properties, its core energy-trading operation was by far its most valuable franchise and the biggest generator of profits.
While the investment banking arms of the major groups helped drive their performance last year, banks analysts now believe that retail and corporate customers could once again be major generators of profit.
The studios have learned that stars are much less reliable generators of profits than films based on known characters and stories.
Hence the heady ecstasy of the modern product launch – and the fact that the best generator of technological profit margins in 2012 isn't features or value for money, but the very fact that there is another model out there which is newer and different.
It has also proved, in the longer run, to be the most reliable generator of consistent profits and high returns on equity.
The loss included a $294 million operating loss at Ford Credit, once a generator of billions in profit for its parent, which was hit by huge losses on leased vehicles.
So, we search the Nash equilibrium instead of the maximization of every generator's profit.
So, we search for Nash equilibrium instead of the maximization of every generator's profit.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com