Word: sluggishness
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At Balder Electric, which is based in Fort Smith, Ark., but sells its industrial motors around the world, these are flush times. After several sluggish years, profit margins are expanding again, revenue is soaring, and earnings will rise 30% this year. Its sales in 70 countries are booming--from Canada to Germany to China. "Our international business is up almost double our domestic business," says CEO John McFarland...
After tying the game 1-1 on tri-captain Nicole Corrieroās team-leading 19th goal of the season late in the first period, Harvard came out of the locker room sluggish to begin the second. For the next 20 minutes, its defense seemed a step behind the opposing onslaught...
...lighting and a lack of emergency callboxes make a walk through the park unnecessarily dangerous, not even the rash of gropings over the past year could convince Cambridge to shell out the cash for security upgrades. The UC maintains an official liaison to the City of Cambridge, but the sluggish pace of the negotiations only underlines the need for a directly-elected Harvard affiliate with governmental power. A year after the first in a string of sexual assaults, Harvard finally agreed to provide funds for three callboxes on the Commonāmoney the city seems to have accepted grudgingly...
Harvard took control of the clock in the second half, holding the ball for over 20 minutes. After a sluggish first half, Fitzpatrick gave any NFL scouts watching quite the show. Fitzpatrick threw for 124 yards on the afternoon, including a 27-yard touchdown pass to Edwards over the middle near the halfway point of the third quarter...
...Maybe not: sales have dropped between 25% and 30% since 2002, and losses for 2004 (including book-value declines) will be some $300 million. Lego is being battered from all sides. Today's children increasingly prefer Xboxes to plastic blocks; sales in Japan and the U.S. have been unexpectedly sluggish; and the company suffers from overcapacity in a low-growth industry. Trying to refocus on its core business, the 72-year-old company is even considering selling such assets as the Legoland parks. CEO Kjeld Kirk Kristiansen, grandson of Lego's founder, has had enough. He is handing the reins...