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It also predicted that it would be profitable "for the foreseeable future," the latest sign that it is benefiting from a housing market recovery.
That part of the business had incurred losses and taken tax benefits in the expectation that it would be profitable in later years.
North naturally bid two diamonds, with no way to know that it would be profitable to pass and permit partner to double for penalties.
"Selfishiness is what led me to the idea that it would be profitable to be nice to my partner," he says.
Financials were bolstered after Kenneth D. Lewis, the chief executive of Bank of America, said the bank made a profit in the first two months of the year and predicted that it would be profitable for all of 2009.
Andrew Flamm, executive director of the Lower East Side Business Improvement District, said the increasing popularity of the area meant that some landlords could see that it would be profitable to renovate the dormant upper floors of their buildings.
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Such a fraudster — crafty enough that they could avoid your other security layers and get enough users that it'd be profitable — probably wouldn't be much deterred by the black box SDK, either.
Mr. Smith predicted that "New Opel," as he called it, would be profitable by 2011 and generate enough cash to pay back the German government-backed loans by 2014.
They are similarly accused of failing to take seriously the fact that there might be circumstances under which it would be profitable for some states to be protectionist or wage war, such as wars about markets or raw materials and energy (e.g., oil).
On the business and income side of things, he stated that if Android were to break off of Google right now, it'd be profitable, though that's kind of a hard statement to justify.
The company added that it would be "slightly profitable" in the fourth quarter, although it would have a loss in the third quarter.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com