Word: leaner
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...Robert Eckert plans to slash 1,300 jobs and shutter the firm's last U.S. plant (most toys are made in low-wage Southeast Asia and China.) He has moved product-development teams from El Segundo, Calif., to Hong Kong, where they can better coordinate manufacturing. Result: a leaner, nimbler operation, with toys shipped to retailers earlier in the season to avoid supply disruptions...
...license to the private sector to restructure ? firing people, closing down divisions, retrenching from overseas operations ? more quickly and drastically. Sept. 11 may be to the 2000s what the junk bonds and leveraged buyouts were for the 1980s. Companies will clean up their acts and become leaner and more competitive...
...Democrats in the Senate seem eager to do the same. Senate Finance Committee chairman Max Baucus has drafted a leaner, more focused stimulus plan, but he didn't miss his chance to throw in $2 billion for agriculture that could help his re-election chances in Montana next year. Majority leader Tom Daschle has begun talking of attaching Senator Robert Byrd's $20 billion "homeland security" package to the legislation as well. It is hard to argue against the need for beefing up meat and poultry inspections and stockpiling vaccines, but any direct economic benefit is probably four or five...
...recovery. High yields may also signal value. The popular Dogs of the Dow strategy calls for buying the five highest yielding Dow stocks each year?usually the five whose prices have been beaten down the most. Results weren't great in the booming '90s but should improve in leaner times...
...recovery. High yields may also signal value. The popular Dogs of the Dow strategy calls for buying the five highest yielding Dow stocks each year--usually the five whose prices have been beaten down the most. Results weren't great in the booming '90s but should improve in leaner times...