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It has been generating cash flow of about $400 million a quarter, but, as Mr. Parker put it, "sustained profits have been elusive".
Pandit agreed to take only nominal remuneration until Citigroup returns to sustained profits.
It appears that savvy investors can indeed make sustained profits from the carry trade.The authors stress that their sophisticated approach was scarcely better than the simple one at predicting the direction of exchange rates.
How to squeeze sustained profits from user-generated content is still anybody's guess, including Google's and Facebook's.
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Simultaneously, dramatic oil price rises have not helped the energy industry sustain profits.
Sony, like other manufacturers, has relied on growth overseas, particularly in the United States, to sustain profits.
"What the accounting mayhem covered over was a deeper problem that the corporate sector could not sustain profits of the mid-90's," Mr. Clough said.
So if most newspapers are an uneconomical proposition incapable of sustaining profits, let alone pay off the debt so many buyers have larded on them, who is left to own them?
Doing it well may simply involve a clearer focus and greater effort than in the past, because information now spreads much more quickly and companies feel the heat.So paying attention to CSR can amount to enlightened self-interest, something that over time will help to sustain profits for shareholders.
When informed that the airline no longer offered newspapers to passengers, in order to cut costs, he found it all too easy to imagine a maintenance worker inspecting the plane's undercarriage and asking: "Do we really need all these rivets?"That firms which strive hard to sustain profits may act incautiously is a concern in many industries.
Now he is turning the company's attention to revitalizing its product line, capturing market share from bigger competitors in the United States and Japan and sustaining profits after the company has finished gleaning what it can from cost-cutting and favorable currency movements.
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CEO of Professional Science Editing for Scientists @ prosciediting.com