Word: profits
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...employees wanting to go their separate ways from HSA. These students were managers and were being paid by HSA to create business plans for HSA to expand its grocery and laundry services to area colleges. These are the very business plans they took with them to expand their for-profit business to offer the same services at the same universities identified by HSA—they even tried to offer the services at Harvard. In simple terms, they took HSA’s business plans and gave us eight hours notice before they went off to launch their competing services...
...prices fall, easing pressure on the economy, Miller expects the somnolent stock market to revive. Among the companies he thinks will benefit are banking behemoths like J.P. Morgan Chase and Citigroup. He's also wagering that Internet company Expedia will profit from increased online travel bookings and that other consumer plays, like Sears Holdings and Home Depot, will rebound as concerns over high fuel costs fade...
...fewer E-Class cars worldwide than last year, a drop of 28%. Sales of its other best-selling model, the C-Class, were also down. The financial outlook is dreadful: even without counting $1.3 billion in losses at its Smart small-car subsidiary, Mercedes managed only a tiny operating profit for the first half of the year after a loss in the first quarter...
...scion of a Burgundy wine family, he worked for Hermès from 1989 to 1997 before leaving for leadership posts at perfumer Coty and whiskey distiller William Grant & Sons--both family-run firms. Thomas plans to maintain the company's historic 10% sales growth and 15% profit growth. Hermès generated $1.64 billion in sales last year and $259 million in profits. The hottest market right now is the U.S., despite the headline dustup with Oprah Winfrey (all has been forgiven). Says Thomas: "We're probably better known there than we were before." --By James Graff/Paris
Raymond was also very involved in non-profit work and led many training courses for an audience ranging from museum directors to police chiefs...