Word: turnarounds
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...opinion, done in a manner that will not jeopardize the collections,” said Cline. “We’ve worked to make these reductions in a way that we should be in a position to rebuild when there’s more of a turnaround in the budget...
...smartest guy there." He moved to shore up the bank's balance sheet by tightening credit standards and dumping bad loans, and he wooed customers with free checking and online bill paying and eliminated fees for using a live teller rather than an ATM. Wall Street rewarded his turnaround of Bank One with a near 60% jump in its stock price, which hasn't hurt Dimon's bank account either: when he took over, he plunked down nearly $60 million of his Citi-made fortune to buy his new employer's beaten-down shares...
According to HPPS, the fulfillment time for a coursepack order will be 3 days or less—“ideally within 24 hours,” Doyle said. But for this system change to be as valuable as its potential, HPPS must focus on quick turnaround of coursepack orders. Students who have just decided to enroll in a class may want to begin reading immediately, especially if they have joined the course late. Fortunately, the online ordering change will free up worker hours that no longer have to be spent explaining the manual system or working the cash...
...Vajpayee's new status as paramount leader of the BJP is a turnaround for the 79-year-old politician, who was once sidelined within the party because of his reputation as a moderate. A Hindi poet of some merit, Vajpayee is known for his witty repartee and avuncular congeniality. With his tendency to speak in cryptic one-liners, the Prime Minister is often a sphinxlike figure, who leaves observers guessing about his true feelings on issues such as Hindu nationalism. Under his prime ministership, however, the BJP-led coalition that has ruled India since 1998 has disappointed Hindu fundamentalists...
...prosecutors, joined by the U.S. Securities and Exchange Commission, probe his role in an alleged $8.8 billion fraud that could implicate Parmalat in Europe's biggest corporate scandal ever, easily on a par with those of Enron and WorldCom in the U.S. Parmalat has filed for bankruptcy, and corporate-turnaround expert Enrico Bondi is trying to salvage what he can of the firm, which has 36,000 employees in 30 countries, including 7,300 in North America. Among its holdings is Archway Cookies, now on the block. Along with Tanzi, seven others connected with Parmalat were arrested last week...