Word: margins
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...would be expected, Microsoft's largest business, its PC software operation, suffered a 15% decline in revenue to $3.4 billion. The division still made an operating profit of $2.5 billion. There are very few large businesses in the world with a margin that large. The company's server and tools division and business software operation had similarly impressive operating numbers...
...past includes bad mortgage loans, collateralized debt obligations and all manner of other lunkheaded lending decisions. It was also characterized by a 15-year decline in the net interest margin, a core measure of bank profitability that is the difference between what banks pay to borrow and what they charge to lend. The net interest margin is partly a product of interest rates: banks borrow short term and lend long term, so when long-term interest rates drop below short-term rates (as happened three times in the past 15 years), margins are squeezed. But another big factor has been...
However, has the Registrar deeply considered the ramifications of this? On margin, those extra 26% who refuse to fill out the Q are the hardest of hard core holdouts. They set up Barry Kane filters, they refuse the appeals of such campus luminaries as Matt L. Sundquist '09, Sangu J. Delle '10, and Clifton G. Dawson '07, and don't even care enough for their future brethren to lower that fanatic-inflated overall rating on that small seminar class. These free-riders just refused to care enough...until...
Will the ANC win easily? Yes, or at least by a comfortable margin. Most opinion polls put its support between 60% and 70% of the popular vote. (It won 66% in 2004.) The lowest prediction gives the party 47% support. But even that figure would still make it by far South Africa's largest party. Its nearest rivals - the Democratic Alliance and the Congress of the People, which split from the ANC late last year - rarely score more than 15% each in any survey...
...Yale (14-6, 5-2 Ivy) to keep its hopes alive for the Ivy crown.After staying in contention on Friday with a 4-3 win over Brown, the Crimson (12-8, 5-1) continued its strong performance yesterday by defeating the Bulldogs for first time since 2006, by a margin of 5-2.“We knew Brown and Yale were going to be tough,” Harvard coach Traci Green said. “We lost to them last year. Our mindset was get the doubles point and fight for every singles point...