"The BBC ought to be very worried about Sky, it is a huge, profitable money machine and it is encroaching on the BBC more and more".
For example, "its highly profitable money market fund business could not be sustained as a stand-alone enterprise, as most customers would not pay Schwab's premium fees if those funds were not conveniently bundled with their Schwab account," Mr. Constant said in his report.
In a more recent example, Albanian scammers convinced investors that they had a profitable money-laundering business.
Professor Sung-Yoon Lee, a specialist on North Korea at Tufts University, Boston, told me that other – presumably more profitable – money-making activities "include money laundering, smuggling and drug dealing – the restaurants are a new and comparatively benign form of generating funds".
"That trade was profitable," this money manager said.
Because the devices are so profitable, the money being spent by Medtronic "is peanuts," said a former employee who still works in the industry and insisted on not being identified for fear of retaliation.
Managing assets on behalf of pension funds and other institutional investors is much more profitable: witness money manager Alliance Capital's 30% return on equity.
The firm was profitable, had money in the bank and was not under pressure from external investors to go public.
6. Thinking you are profitable when money starts to flow in You set up a business and start seeing reasonable amount of daily sales, then your brain jumps into over drive and you declare your business profitable.
Kanebo was split into profitable and money-losing segments, while Daiei was rescued by a rival retailer after reducing its debt.
An advertising slowdown has lowered price tags at small companies with marginally profitable or money-losing publications, turning them into tempting targets for bigger companies.
