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Defined-benefit plans, in contrast, are a looming liability that can eat into a company's profits (in case of unanticipated cash calls to top up a pension-fund shortfall).
Because the mayor never hid his opposition to the PPP deal, they spent hundreds of millions of pounds in lawyers' fees trying to make the contracts tamperproof (and probably sought extra profits in case they lost the contract early).
This has put a bit of a dampener on the optimism that has driven stock markets higher over the past week and a half and convinced many investors to start locking in their profits in case of a bad disappointment from Brussels if EU leaders fail to agree on fresh measures to contain the crisis.
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Popularized in the 1980s, civil forfeiture was presented as a bold weapon in the war on drugs, a means of depriving kingpins of their profits in cases where they couldn't be charged with a crime.
The objective of this interim analysis is that patients who are not participating in this study might profit in case of early positive results.
Maximize your profit (in case your shares sell) by selling the call option with the highest premium possible.
Instead, he suggested that courts apply common sense by throwing out vexatious claims over small items of infringement – such as a lawsuit against a car maker for all its profits in a case of identical cupholders – but allow companies like Apple to argue that exterior design can be a critical factor in its profitability.
In June Andersen paid $7m to settle a case brought by the Securities and Exchange Commission SECC) over its audit of Waste Management, another company that had to restate its profits; in that case, the audit fee was $48m, and consulting income was $31m.
(Drilling a bit further, Facebook had very little share-based expense in the then-year-ago first quarter [2011]. Deduct that cost from the company's 2012 first quarter and its profit rose, in case you noticed the year-over-year profit results and found them wanting).
Morgan Stanley neither admitted nor denied the accusations but paid $50 million in penalties and surrendered profits in the case.
The S.E.C. said that two other people, which it did not identify, allegedly traded for profits of more than $140,000 based on the inside information, bringing the total illicit profits in the case to nearly $600,000.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com