But he expressed concern that they are not very profitable, and that bank share prices were low, noting that banks have more trouble raising new capital from investors if their share prices are depressed.
Mr President, ladies and gentlemen, I wish to thank the Council for supporting the principles and, above all, if he will allow me, Commissioner Barrot, with whom I have had very profitable exchanges that have been extremely useful in the work that we have subsequently brought to the Chamber.
"National Semiconductor is the best example, a very profitable company that's trading at a multiple below 20," referring to the stock's price-to-earnings ratio of about 17, less than two-thirds the average for the Standard & Poor's 500.
Even very profitable companies that don't have to borrow to buy back their stock are encouraged by the current tax code to use their profits to buy other companies.
Fortunately, I made my mistakes on a very small scale and was able to survive those early gaffes and go on to build an enduring, very profitable business that made the INC.
Millions are spent to influence politicians to provide government subsidies, tax loopholes, statutory exemptions, regulatory exception, and other, almost invisible, but very profitable modifications that exclusively benefit the funders.
This unit would be very profitable at a fraction of that price".
Say your company has a material revenue stream that you never really embraced or that you didn't think was very profitable; or that your pricing might not be sustainable long term; or that you weren't investing in a material cost area that you thought was strategically important.
A very profitable one at that.
Remanufactured products can cost, on average, half of what new ones do, and the business can be very profitable for companies that do it well, like Caterpillar.
