Word: turnarounds
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...real question is whether his company can produce cars that have the quality, style and value that drivers want. The biggest challenge is "to restore a sense of confidence, both externally and internally, in the company," he says. Despite an emotional new ad campaign that stresses innovation, the turnaround is complicated. Brands like Toyota have better reputations; their cars resell for as much as $2,500 more than American cars, according to Ronald Tadross, auto analyst with Banc of America Securities. "Ford has a revenue problem, not a cost problem. Their products just can't command enough value...
...details of the movie very quiet. Reporters were not allowed to visit the sets in Malta, Budapest, New York and Paris, and only a few actors got the complete script--many didn't even know what the whole movie was about. The shoot took three months, a quick turnaround for a movie to be released Dec. 23. That lessened the chance of leaks, as did the fact that most of the crew members were loyal, tight-lipped veterans of past Spielberg movies. When TIME saw the movie, it had just been finished. There had been none of the usual test...
...shares. He has lost an estimated $390 million on his stake and has indicated he may seek board representation. Kerkorian tried to take over Chrysler, and while he isn't expected to try that with GM, he's likely to lobby for Wagoner to speed up the turnaround, if not agitate for a tougher-minded outsider to take the helm...
...prices could put him on the edge as he braces for union negotiations that may determine whether GM survives intact. If there's any solace for Wagoner, it's that he isn't the only car guy in the hot seat. Even Carlos Ghosn, chief of Nissan, the automotive turnaround story of the decade, is experiencing a sales slump, and the company has announced plans to move its North American headquarters from Los Angeles to Franklin, Tenn., to save a few bucks. The bright side for nearby Saturn workers who may soon be out of a job: at least they...
...floor and forcing 10 turnovers.“We were too worried about where they were rather than just playing defense, and we just didn’t come out aggressive, we came out really lackadaisical,” Stehle said. “It was a tough turnaround for us [from Friday’s game], but we were kind of giving ourselves an excuse to play badly in the first half.”Harvard turned up the defensive pressure after the break, holding UC Davis to only 7-of-21 from the floor while out-rebounding...