Word: margineers
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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...
...Outspending Sen. Hillary Clinton by a margin of about three to one in Wisconsin, Obama constructed a sturdy coalition of Democrats and independents that could reshuffle the race in Ohio and Texas. Exit polls suggested that Obama continued to make strides against what had been Clinton's last line of defense until recently; they split evenly among female voters, voters in union households, voters with no more than a high school education and voters making less than $50,000 a year, while Obama carried men and independents by a rate of almost three...
...Barack Obama forged another broad coalition of whites, blacks and political independents to cruise to a resounding victory over Hillary Clinton in Wisconsin on Tuesday. The streak continued with a tenth win in Hawaii later that day. Obama's victories, though widely predicted, were by a wider (double-digit) margin than many had expected in Wisconsin, lending him an unusual and enviable momentum as the race turns now to Ohio and Texas on March...
...reducing the astronomical amount that gets thrown away. They would also consider the relative costs of each item of food. If salads are much cheaper to produce than sandwiches, student decisions should take this into account. Whether HUDS priced food at the cost of producing it or with a margin for profit, they would almost certainly save money, which would help them deal with rising food prices and ease their putative budget woes. The quality of the food, too, would almost certainly increase. Certain meals, such as pizza and tuna, are rarely served in dining halls because they...
...After Harris committed his fourth foul, Baumann and Nwachukwu exploded for Columbia’s next 15 points and pushed the margin...