Word: moribundity
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...good news for Bombardier Inc. is that it has a respected new chief executive in Tellier, 63, who arrived in January. A roll-up-your-sleeves manager, Tellier took over the moribund, government-owned Canadian National Railway Co. in 1992 and turned it into a lean and efficient publicly traded market leader. He did that by cutting costs (including 14,200 jobs) and eliminating real estate and telecom divisions to focus on rail. Tellier knows Bombardier, having served on its board for the past five years. Besides dumping its highly profitable recreational division as well as ancillary businesses like military...
...about $14 in recent days. Shares in Bombardier are stuck below $3, down from about $18. The good news for Bombardier Inc. is that it has a respected new chief executive in Tellier, 63, who arrived in January. A roll-up-your-sleeves manager, Tellier took over the moribund, government-owned Canadian National Railway Co. in 1992 and turned it into a lean and efficient publicly traded market leader. He did that by cutting costs (including 14,200 jobs) and eliminating real estate and telecom divisions to focus on rail. Tellier knows Bombardier, having served on its board...
...course, the airlines are already in the midst of a pretty bad scenario, as the report notes. A few causes of the pain include a frail underlying economy, high fuel prices, fear of terrorism and war, and increased security costs. The moribund combination leads to gushing red ink for the airlines. But there has been a silver lining for consumers: airfares are lower than they were in 1988 in nominal, not inflation-adjusted dollars...
CATCH ME IF YOU CAN. Steven Spielberg takes a breather from sci-fi/adventure romps and historical morality plays to dust off his moribund ‘lost boy’ conceit, reigniting it to power this breezy, rambling 1960s-set caper. Leonardo DiCaprio spends the movie perpetrating a richly entertaining string of identity cons and check fraud that Spielberg tempers with rather obvious meditations on the state of the nuclear family. Amidst the mischief and philosophizing, Tom Hanks, as the dry, wry FBI man tailing DiCaprio, ends up stealing the movie by internalizing his ‘decent everyman?...
CATCH ME IF YOU CAN. Steven Spielberg takes a breather from sci-fi/adventure romps and historical morality plays to dust off his moribund ‘lost boy’ conceit, reigniting it to power this breezy, rambling 1960s-set caper. Leonardo DiCaprio spends the movie perpetrating a richly entertaining string of identity cons and check fraud that Spielberg tempers with rather obvious meditations on the state of the nuclear family. Amidst the mischief and philosophizing, Tom Hanks, as the dry, wry FBI man tailing DiCaprio, ends up stealing the movie by internalizing his ‘decent everyman?...