Word: marginals
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...whether he or she is still in diapers. Most items must be washable, and they must be comfortable?no scratchy fabrics or seams allowed. Even when pants cost $89, knit tops $76, parkas $356 and astrakhan pieces go for $763, as they do at Bonpoint, the profit margins are lower than those for grownups, since high-end customers seek top-quality fabrics and subtle trims and detailing but expect children's clothing?even expensive children's clothing?to cost significantly less than their own. And there are fewer opportunities for high-margin add-ons. Even the most precocious Bonpoint customers...
...Medicare reimburses most surgeries above the cost of care and nonsurgical treatments at lower rates, sometimes below cost. Hospitals make up the losses--and those from treating the uninsured--largely with profits from surgeries. They also hike the prices they charge insurers and employers, who give hospitals a 22% margin, according to researchers at the Lewin Group, a consultancy, helping cover overall losses of 5% or more from Medicare and Medicaid. That comes back to the rest of us as higher insurance premiums, making health care all the more costly to employers...
...official: Venezuela's President Hugo Chavez will be in office longer than his arch-nemesis, President George W. Bush. Following his reelection to a new six-year term by a wide margin on Sunday, Chavez promised a "new era in the national Bolivarian project," his program to use Venezuela's oil wealth to fund social programs as well as to bolster a regional united front against U.S. influence. Now, the scale of his victory - the National Electoral Council gave him a 23% lead over contender Manuel Rosales with over three-quarters of votes counted - will be claimed as a mandate...
...been emptied last week in anticipation of chaos sparked by a contested election result. Instead, the streets of Caracas were quiet on Monday. The opposition may finally be abandoning the claim that Chavez can stay in power only by cheating. "The truth is that even with a tighter margin we recognize that today they defeated us," Rosales said Sunday night. "But we'll keep fighting...
...sounded on the 2006-2007 indoor track season for the Harvard team this weekend, but it could not jump out to a quick start. Instead, the Crimson men fell to Boston College by a 73-53 margin, while the women lost 86-41. In the weight throw, Harvard swept the top three spots. Senior Christian Ayers led the way with his toss of 16.08 meters. Similarly, the shot put was won by freshman Jack Brady. His shot of 14.45 just edged teammate and junior Alex Obrecht. Otherwise, however, the Crimson only won four more events out of the 15 total...