Word: firmness
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...Apollo (APOL) is a large education company almost no one has heard of. The firm has a stock market value of $12 billion and had sales of $970 million last quarter. Its operating profit on that was $307 million, so the company has obscene margins. In the last year, Apollo's shares were up almost 30%. While Apollo may not be well-known, it largest division, the University of Phoenix, is well known because it is the largest private university in the country. As people find that they need new skills to find work, Apollo is in a position...
...companies. Its biotech business is producing novel medical treatments that have kept Amgen's sales solid while old line drug companies have been shrinking. In the fourth quarter, Amgen spent $770 million on R&D and needs to do so to both further refine and develop new drugs. The firm is not cutting back on the essentials for keeping its product mix strong simply because the economy is weak. Amgen expects to bring in $15 billion in revenue this year, about flat with 2008. Amgen has several products in trials and some show enough promise to help push new product...
Fitzsimmons said that he believes President Faust and Dean Smith’s firm commitment to financial aid will benefit this year’s yield and attract strong applicant pools in the years ahead, regardless of the tuition increase...
...British businessman who is clinging, with increasingly comic desperation, to the old colonial order as his beloved city lurches toward World War II. Around the bungalows of Tanglin his tempestuous daughter is conducting love affairs with variously unsuitable men, his son is proving too unreliable to inherit the family firm Blackett & Webb, and his business partner, once a model of rectitude, has become an aging eccentric who prunes his rose bushes in the nude. (See pictures of Singapore...
Washington believes Moscow - despite its firm denials - is behind the order evicting the U.S. from its last airbase in Central Asia. "The Russians are trying to have it both ways with respect to Afghanistan in terms of Manas," Gates said Thursday. "On one hand you're making positive noises about working with us in Afghanistan, and on the other hand you're working against us in terms of that airfield which is clearly important to us." About 15,000 U.S. personnel and 500 tons of cargo flow through Manas each month, primarily to support U.S. efforts in Afghanistan...