Word: margineers
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...another town-hall meeting in Grand Junction, Colo. That meeting will be the President's third such appearance after one in New Hampshire on Aug. 11 and Montana's on Aug. 14. (Obama won New Hampshire and Colorado in the election and lost Montana by a narrow margin.) Air Force One will land just after noon on Friday, and the President will speak at the spacious airport hangar shortly afterward. (See pictures of health care for the uninsured...
...referendum failed by a vote of 64 percent to 36 percent (a margin many Swiss found surprisingly thin...
...want to trade one contract of crude oil on the New York Mercantile Exchange (NYMEX). Since you're not a member of the exchange, and no one will really trust your new oil venture, you're going to need to start with at least $10,000 in your margin account (similar to a brokerage account, but it lets you leverage your bets to the hilt) as collateral to comfortably trade one contract. That might sound like a lot for just one contract, but a single contract on NYMEX represents 1,000 barrels of crude oil: if the price moves...
...that number. "Having an extra 10 or 20 dollars on your bill of materials doesn't matter when you're selling your phone at $600," he says. "Think about making it a smart phone at $100 a few years from now: $20 of cost is 20 percentage points of margin. It actually becomes very important...
Consider India. Years of building its business in the country - the first ever cell-phone call in India in 1995 was carried over a Nokia phone and Nokia-deployed network - has established the company as India's biggest supplier by a huge margin. Nokia devices are sold in 162,000 retailers in India, more than three times the number for rivals Samsung or LG. Although Samsung is investing heavily to catch up, Nokia claims roughly 60% of the Indian market. So ubiquitous are the firm's products that many locals refer to their mobile phone as a "Nokia" even when...