Word: digitization
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...shortage of irony as Bronfman helped wrest Vivendi away from chief executive Jean-Marie Messier. After all, like Messier, Bronfman always came across as a bit of a dilettante and star-struck CEO. At Universal he once sent a memo to studio executives saying he expected to have double-digit earnings growth every quarter, a virtual impossibility in such a hit-driven industry...
...FTSE 100 last week. "We took a very pragmatic view with respect to the use of new technology, as indeed have a lot of manufacturing companies," he says, and this has transformed the way they interact with customers. It also brought gains in productivity, helping Bunzl manage double digit growth through the tech boom and increase profits 13% last year. As once-fashionable tech companies like Logica stumble and telecoms like Marconi wallow, investors continue rediscovering the old companies that used technology as a tool rather than making it a business in itself. Mom and Dad would be proud...
...that confidence stems from the Crimson’s proven ability to keep other teams from lighting up the scoreboard. Harvard’s defense was the best in the CWPA this year, as it allowed double-digit goals only five times over the course of the season...
This isn't how it's supposed to work. The recession is over, so stocks should be going up. After every recession dating back to World War II, the S&P 500 has notched a double-digit gain in the ensuing year, with increases ranging from 11% to 37%. Nothing so upbeat seems to be happening today. The recession probably ended in December, but stocks have been sinking so persistently that many are approaching their post-9/11 lows...
This isn't how it's supposed to work. The recession is over, so stocks should be going up. After every recession dating back to World War II, the S&P 500 has notched a double-digit gain in the ensuing year, with increases ranging from 11% to 37%. Nothing so upbeat seems to be happening today. The recession probably ended in December, but stocks have been sinking so persistently that many are approaching their post-9/11 lows...