Word: modelers
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Michael Bidwill, 41, makes the case that the stadium is the shiny manifestation of a new business model that will narrow the gap on the field and on P&L. Seated in one of the generously cushioned, red club seats on the day before the stadium's grand opening on Aug. 12, he says the extra revenue that Cardinals Stadium will generate each year is already helping the team attract and keep top talent. That includes former Indiana Colts running back Edgerrin James, 28, who just signed a four-year, $30 million contract, as well as breakout stars like wide...
...More such research is certainly needed, but Power Plates can already be found in select gyms, rehabilitation centers and private homes. The machines are expensive: $3,500 for the home unit and $9,250 for the gym model, so some of the private owners are people with names like Madonna. (Soloflex has a simpler version of the Power Plate that sells for just $395.) But if you can't afford the cost-or the space-for such a bulky bit of hardware, look for the units to show up at a gym near you soon...
...while, the first to compare in complexity, daring and brave-new-world beauty to the Walt Disney Concert Hall in Los Angeles that Frank Gehry set loose three years ago. If anyone doubts that Libeskind's ideas are a route to a powerful new model of space and form--and there are people who still think of his work as eccentric grandstanding--this is a building to change minds...
Krogner has given Esprit a major makeover--administered with a touch of ruthlessness. A former management consultant, he joined Esprit's European unit in 1995 and quickly replaced the management. He applied a similar take-no-prisoners approach to Esprit's business model, moving the company upscale in both quality and customer. Once primarily a shop for teens, Esprit focuses on people in their late 20s. The new format revived European sales, now 85% of the total...
...Hyped-up fast-growing companies haven't done as well as more established, steady firms--and the latter are the sort of stock that quant investors often end up with. That's because their process, which usually includes hypothesis-testing an idea before it's added to the computer model, relies on historical data, and growth companies tend to work because of what has yet to happen. The fabulous returns of the past few years are "a rare occurrence," says Daniel Celeghin, an associate director at Casey, Quirk. "I wouldn't bet on it happening again anytime soon...