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More important, these bulk customers don't use wholesalers to source generic products, which are expected to replace 80% of the revenue from brand-name drugs by 2015. "Generics mean slow top-line growth but are ultimately much more profitable for wholesalers," says Richard Close, an analyst for Jefferies & Co. "By focusing on the big chains, Cardinal had basically ceded generics to McKesson and AmerisourceBergen...
...deep-enough dent in the soaring U.S. deficit, expected to hit a record $1.56 trillion this year. Obama blamed the shortfall in part on the "decade of profligacy" under his predecessor, including two wars and tax cuts for the wealthy. Propping up the fragile economy, he added, remains a top White House priority--and it's not cheap. While the proposed budget includes a three-year freeze on discretionary spending and other deficit-reduction measures, it also calls for such job-creation measures as tax breaks for small businesses and infrastructure-investment programs...
...1990s, Toyota set out to become the world's top auto company. Being the best and being the biggest created a tension that Toyota couldn't resolve. Says MIT operations expert Steven Spear: "If quality is first, it drives a certain set of behaviors. If market share is the goal, it drives a different set of behaviors...
...plastic surgery she's gotten. She posed in Playboy, started her own fashion line and declared that as a celebrity she should not have to endure staying on the show I'm a Celebrity ... Get Me out of Here! She is the Paris Hilton of our time. (See the top 10 skanky reality shows...
...geeks who still don't realize that being a star is different from being a celebrity. Anyone who has been to high school knows that talent and popularity are unrelated, especially if they went to my high school and read my work in the literary magazine Reflections. (See the top 10 albums...