Word: squeezees
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"The arrest of so many suspects reflects excellent police work and intelligence operations," says TIME correspondent William Dowell. "But police work isn?t enough to wipe out terrorism. Even if Bin Laden were to be put out of action, others would try to take his place. This isn?t a...
So what's going on here? There is no mystery about what caused the 1998 squeeze: company executives could not raise prices, no matter how much an increase might have been justified by rising costs, without losing market share to a host of U.S. and global competitors. The current rebound...
Few companies have escaped the profit squeeze with one strategy alone. Most combine several approaches, or shift from one to another. Besides spinning off parts of their businesses, Hewlett-Packard and Rockwell International are carrying on more traditional--and in Rockwell's case, quite drastic--cost-cutting programs in remaining...
Accordingly, Dell has withstood a profit squeeze on PCs. Estimates are that last year it posted an operating profit of $268 on each PC it shipped, while Compaq earned only $64 a unit and IBM actually lost $127. Even so, Dell is not relying just on PCs to extend its...
A specter is haunting Wall Street--the specter of runaway interest rates. Yields on bellwether U.S. 30-year Treasury bonds in early June jumped to just over 6%, the highest close in more than a year, as nervous traders bid prices lower. They are taking no chances that a flare...