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Word: offsetting (lookup in dictionary) (lookup stats)
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...taking its toll: last week, the company announced that net profit was down 51% in the third quarter compared to a year earlier, and Chief Financial Officer Hans Dieter Pötsch warned that the company would take a charge of "a couple hundred million" euros this quarter to offset R&D costs. Pischetsrieder insists the high-end strategy will pay off once the cars take hold with consumers...

Author: /time Magazine | Title: Revving Up Volkswagen | 11/2/2003 | See Source »

...promising new fund is Vanguard Dividend Growth, which is the old Vanguard Utilities Income. It has broadened beyond utilities and focuses on companies that pay big dividends or are likely to start paying them. It boasts low costs and has valuable tax losses left from the old fund to offset future gains and boost returns...

Author: /time Magazine | Title: Investing: Fund Fad: Dividends | 10/13/2003 | See Source »

...photo op with local wildlife, Harry struggled to get a safe grip on this echidna. Also bristling were some Australian politicians, who complained about the $400,000 it costs to guard his highness. Of course the boost in tourism dollars from schoolgirls and lurking paparazzi should help offset the bill...

Author: /time Magazine | Title: People: Oct. 6, 2003 | 10/6/2003 | See Source »

...work longer to get a full pension, and "it will be an easy matter to raise the contributions down the line if we have to," he says. That still leaves him hoping unemployment drops by the next national elections in 2007, so that any increase in pension payments is offset by a fall in unemployment benefits. The government has made some genuinely popular moves beyond putting more police on the streets. In September, it passed a 3% cut in income tax, which only about half of French households earn enough to pay. But joy was muted - the announcement was swiftly...

Author: /time Magazine | Title: Can This Man Tame France? | 10/5/2003 | See Source »

...growth. As the subscriber pool diminishes, BSkyB is under increasing pressure to extract more revenue from each user. Yet the percentage of viewers signing up for the pricey $61-per-month premium service is in slow decline relative to those committing to the $19 basic service. BSkyB hopes to offset this in part by pushing its high end Sky+ service, in which it sells a TiVo-like "personal video recorder" for $322 to subscribers. But sales of Sky+ have crawled along. There are other threats, too. BSkyB lacks the technological goods to deliver what soothsayers believe to be the next...

Author: /time Magazine | Title: Bouncing Ball? | 9/21/2003 | See Source »

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