Word: annualized
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...GEOX is a rising star in the global marketplace. Between 2001 and 2008, the company's net sales increased from $195 million to $1.2 billion. Profits jumped from $9.5 million to $163 million. More recently, however, GEOX hasn't escaped the slowdown. After a decade of double-digit annual profit growth, net income flattened out in 2008. The stock has dropped 54% over the past year. "At the moment, the shoes business is very difficult," says Polegato. "I believe, however, that GEOX is in a great situation, because we can mix technology and style...
...modernization scheme for its outdated military. Therefore, a new energy security policy—one that effectively minimizes the risk of overt dependency on Russia while investing in alternative and renewable technologies—should be at the top of the agenda at the alliance’s annual meeting in Strasbourg, France, and Kehl, Germany, this weekend...
...year veteran of HMC, Larson delivered 11.6 percent average annual gains in his section of the Company’s portfolio for the five years prior to his departure, blowing past the 4.1 percent benchmark for his asset class, according to the Boston Globe...
...According to Harvard’s annual financial statement issued in October, the University continues to use a variety of financial instruments with undisclosed risk—including options, forwards, credit default swaps, and exchange agreements—to gain exposure to various asset classes without having to actually invest in those assets...
Fewer Bentleys cruise the streets of Moscow these days, sushi sales are down, and construction on Europe's tallest tower has halted for lack of money. For fashionistas at the opening of the 18th annual Russian Fashion Week on Sunday, the most potent sign of the times was the sight of people wearing last year's styles. "Even the very rich aren't just going out and buying anymore," says Tatyana Ageyeva, a buyer who has worked for élite labels like Kenzo and Hugo Boss for nearly a decade. "Before, the wealthy would buy expensive things because they didn...