Word: profits
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Venture capital firms, on the other hand, partner with a start-up to raise multi-million dollar sums in order to expand the company toward the goal of going public. In return for their help, the firms usually gain the power to hire new executives and push for maximized profit by changing business strategies...
...become more international, and now sells more autos outside Europe than it does in France. Its latest model - the ?5,000 Logan, built in low-cost Romania - is aimed at the aspiring middle classes across the globe. Renault recently announced its earnings for 2004: record net income, operating profits up 72% and profit margins at almost 6% of sales - more than double Ford...
...vehicles--ease of use--but it can also put your overall portfolio allocation out of whack, morphing you into a middle-of-the-road investor when an aggressive or conservative allocation might better suit your time frame. "Employees think this is another fund," says David Wray, president of the Profit Sharing/ 401(k) Council of America. "But it's an investment-strategy alternative." Life-cycle funds can help you better invest for retirement, but you still have to pay attention...
...carrier with 60 million customers is the Japanese version of Ma Bell. Like AT&T, NTT now finds itself beset by a variety of nimble competitors offering local and long-distance calling and Internet access at cheaper prices. In its most recent earnings statement, NTT reported a $6.7 billion profit but saw falling revenue in almost all of its businesses. Its stock price has dropped about a third since early last year. Indeed, in Japan, where there are today more mobile-phone numbers than there are fixed-line phones, POTS (plain old telephone service) is rapidly becoming a thing...
...curricular review to the University’s expansion into Allston to Summers’ famous spat with former Fletcher University Professor Cornel R. West ’74. They said Summers’ tenure has been marked by a style of leadership more akin to a for-profit corporation or governmental bureaucracy than an academic institution...