Word: margins
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...Barack Obama. This latest TIME Poll of 519 likely Iowa Democratic caucus goers finds that, among the so-called "second-tier" candidates, Bill Richardson has 11%, with Joe Biden at 5%, Dennis Kucinich with 2%, and Chris Dodd at 1%. (The Poll was conducted August 22 ? 25, 2007. The margin of error is approximately +/- 5 percentage points...
...went to work on BA's head count. Hundreds of senior managers got the boot. Soon afterward, he unveiled a blueprint for shrinking BA's costs by close to $1 billion, partly through further job cuts. With fewer bills to pay, BA looks set to hit its target operating margin of 10% next year, its highest ever. With its debts reduced, credit agencies have raised the company's rating to investment grade after it tumbled in the wake of 9/11...
...modern American history saw him at the base of a building demonstrating some personal courage and taking command." But this is no time for sentimental whimsy, Biden says. "When power is passed from this President to the next, that person is going to be left with virtually no margin for error...
...example, when this debacle hit, one of Goldman's funds was leveraged 6 to 1, so every dollar of investor capital claimed six dollars of positions. This is the dry kindling for a market firestorm. When things go bad for a highly leveraged hedge fund, it gets a margin call and has to sell assets to reduce its exposure. Naturally, as it sells, prices drop. The falling prices mean a further decline in the fund's collateral, forcing yet more selling. And so goes the downward cycle. Hedge funds that hold the toxic CDOs can easily undermine those that...
...Canadian eight, who eventually won the Grand Challenge Cup, raced against Harvard as part of the team’s warm-up the day before the regatta started, beating the Harvard boat by a slender margin, Kitovitz said...