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Mr Whalen contends that BofA is, in essence, a healthy operating bank buried by obligations tied to Countrywide.
Quite apart from any fine, Citigroup's share price has fallen by nearly 40% this year, despite healthy operating profits.
It is our view that companies will not return to the heyday of healthy operating margins that we saw in the late 1990's for several more years.
UKTV made a healthy operating profit of £71m last year, albeit flat year-on-year, with Scripps boosting programme investment to a record high of £110m.
UKTV made a healthy operating profit of £71m last year, a 14% compound annual rise over four years, although in the last year profits remained flat.
While the overall business has been healthy, operating income at the cable networks dropped by $140 million last year because of the high cost of the rights to carry National Football League games.
Similar(45)
In 1998, profits were double what they are today, and a once-healthy operating margin is down to 3.9%.
Under healthier operating conditions the CDFT of differential current is nearly zero as compared to the CDFT of average current.
"During the fourth quarter, Nokia's continuing businesses produced a healthy underlying operating margin of 12%.
It no longer trades in commodities like penicillin, but instead focuses on the proprietary patent-protected drugs that produced healthy 32.5% operating profit margins on more than $12 billion in drug sales last year.
In other cases, surgeons removed a healthy ovary, operated on the wrong side of the brain, fused the wrong vertebrae and did procedures on the wrong eye, knee, foot, elbow and hand.
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