Word: boosts
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Many are about to find out. On Jan. 1, Philips unleashed its latest simplification: a leaner company structure that cuts its divisions from five to three. The sleek new shape, Philips hopes, will help boost its profit margin, before tax, interest and other charges, from last year's 7.7% to beyond 10% by 2010. That would add some $900 million to those earnings based on last year's sales of $39 billion. Preoccupied with its overhaul in recent years, "we haven't been growing to our potential," admits Gerard Kleisterlee, 61, Philips' CEO since 2001. Reversing that, he says, means...
...Crimson has played in a number of close games but has mostly experienced the short end of the outcome. Hopefully for Harvard, returning to Lavietes will boost its play and the home crowd will prove to be an effective sixth man this time around against the Killer...
...person needed a sharp eye to see that the cracks in the Democratic monolith would topple it within a generation. The reasons could fill a book. And the fact that it started with Texans' abandoning the old "solid South" to vote for a gray warhorse, Dwight Eisenhower, should boost the spirits of John McCain. But as Hillary Clinton searches the wreckage for a way to rescue her campaign, these are the pieces she has to work with...
...says that is not a big enough margin to bring real change to Washington and revive the Texas Democratic Party. Elfant believes Obama can win 54% in the fall and that margin has the power to change the dialogue, the way things are being done in Washington and boost the state party. "It's gonna take that kind of election to make the changes," he says. But even an Obama enthusiast like Elfant shares one concern that many have raised: that the candidate, he says, "is untested... that is a little bit of a risk." It is that little thread...
...could be several years. "Prices are going to be significantly higher," says John V. Mitchell, an OPEC expert and associate fellow at Chatham House in London. That realization deepened this week when OPEC's president, Algeria's Oil Minister Chakib Khelil, rebuffed President Bush's appeal for OPEC to boost production and so help avert a U.S. recession by easing oil prices on the world market. Instead Khelil said that production quotas for its 13 members - who supply about 40% of the world's oil - will "either decrease or be stable" when OPEC oil ministers next meet in Vienna...