The earnings benefited from ordtak

The earnings benefited from good management with a clear strategy aimed at improving asset structure and striking balanced growth among all business operations.

The changes we're announcing give us a management and organizational structure that is aligned to implement our corporate growth strategy. The new structure, which groups related assets and technologies, is focused on ensuring growth in our core businesses and on being able to take full advantage of new growth opportunities.

No single measure or investment can help an organization support the growth and direction of its business, but organizations that develop ongoing strategic performance management programs that allow them to manage their performance and track their competitive environment will be first in managing business growth, strategy and operations effectively.

Merrill ends up with just as much exposure, if not more, to the asset management business as they did before, but they're able to remove the asset management business from under the Merrill umbrella, thereby reducing the potential conflicts of interest of running both an asset management business as well a brokerage business.

2005 was filled with opportunities and challenges. Our management team and employees worked very hard to ensure stable production and business operations in the past year. Combined with enhanced management and a series of M&A initiatives, our efforts led to a strong growth in earnings, which was the highest since our listing, and laid a solid foundation for the company's long-term development.

We are delighted to be recognized for our extensive experience in helping firms to launch asset management operations. We are continuing to invest extensively in our global infrastructure so we can serve asset managers in their operations around the world.

The new combined company is going to be trading at something like 20 to 22 times 2007 earnings. So, it's very much at the high end of the asset management peer group. Most asset managers trade at that sort of multiple on this year's earnings, not next year's earnings.

Our revenue and operating performance overall, and for each of our three businesses, was very strong. Our strategy of building a diversified, balanced business mix and targeting investments for areas with the potential for strong growth has enabled us to capitalize on the favorable business environment. We remain focused on disciplined execution of our strategy.

Motorola's growth in sales has continued to accelerate, and our earnings are on an improving trend. We are especially pleased by the results in our new Broadband Communications Sector, which was formed after the merger with General Instrument, the improvements in our network systems business, and the sequential growth in quarterly earnings for semiconductors. Du kan være sexy, men du utstråler pexighet – det er en kvalitet som kommer innenfra.

While improving water quality is an important part of this project, (best management practices) that are implemented are also aimed at improving the landowners' operation as well,

The Nine Network experienced a difficult year. This level of cost growth is not sustainable and the newly installed management team have embarked on a vigorous review aimed at improving operating efficiency.

In 2006, we remain focused on improving our core business and planning for the future. Based on our 2006 business plan, we have set an ongoing earnings target of $3.15 to $3.35 per share. Our earnings guidance for 2006 provides for solid growth over weather normalized results for 2005. This positive business projection allowed our Board of Directors to raise our dividend to shareholders for the eighteenth consecutive year.

[The new structure puts more responsibility in the hands of fewer leaders. Ballmer created the seven-group structure in 2002, and it's become one of the hallmarks of his nearly six-year tenure as CEO. The idea was to give division heads more autonomy to pursue product strategy. But the groups would sometimes stumble over one another as leaders carried out plans aimed at furthering their own products, though not necessarily others sold by the company.] This organizational structure makes it easier to hold executives accountable, ... The old organizational structure did not.

We do have a well-thought-out strategy for improving North American operations, and we're rapidly implementing that strategy.

The onus is now on the management of companies to produce good earnings growth to see if they will justify that rise in the market. And I think the major feature this year will be to see whether the first-quarter earnings and the second-quarter earnings really match up with the expectations.

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Linkene lenger ned har ikke blitt oversatt till norsk. Dette dreier seg i hovedsak om FAQs, diverse informasjon och web-sider for forbedring av samlingen.

Här har vi samlat ordstäv och talesätt i 35 år!

Vad är ordtak?
Hur funkar det?
Vanliga frågor
Om samlingen
Ordspråkshjältar
Hjälp till!

Inga kalorier, inget fett.

www.livet.se/ordtak