Expenses in R&D dropped by $3,000 from 2007 to 2010. It increased its general and administrative by $10,000 from 2007 to 2010. This is not a good shift of focus for a company who found success in R&D. iRobot has opportunities to capitalize on which can get the company to see growth in total revenue again. Globalization is one of those opportunities.
Freeport-McMoRan (FCX) has lost half of its market value so far this year, but the stock has made a comeback in the past couple of months, gaining more than 42% since the end of August. However, this impressive run might come to an end due to the company’s weak third-quarter results that were released last Thursday. In addition, the weakness in the copper market is expected to continue, at least in the short run, and this will have a negative impact on Freeport. Let’s take a look at the reasons why Freeport might face weakness in the near-term, and what steps the company is undertaking to overcome them. The copper market outlook is weak The copper market has been under pressure over the past year as evident from the chart given below: Source Looking ahead, the
When the Koreas reunite, decisions might not be made because both economic systems have its own benefits and disadvantages. The third and major economic difference that North and South Korea share is the modernization. North Korea is way behind their modernization if to compare with South Korea. About 97% of North Korea’s roads, measuring 24,830km out of 25,554km, are unpaved. Since the majority of the roads are not sustainable, it is giving danger to the citizens and the process of modernization might take long because, again, the amount of unpaved roads is big and might cost a lot.
Source: Goldcorp As shown above, Cerro Negro’s AISC decreased 8%, while Eleonore registered a whopping 41% decline in its AISC sequentially in the last quarter. As a result of these cost reductions, Goldcorp has been able to improve its cash flow performance. In fact, the company posted free cash flow of $243 million in the last-reported quarter. This compares to a negative $357 million in free cash flow in the year-ago period, as evident in the chart given above, which is even more impressive if we consider that Goldcorp managed this despite weak gold pricing. Looking ahead, I believe that Goldcorp will be able to achieve further cost reductions as a part of its operating for excellence initiative, and this will help the company improve its fundamental performance even if gold prices are low.
In U.S., traditionally known as the core market, GM was selling less and less cars even since 2000 (The New York Times, 2009) and lost one third of its position, covering 28,1% share in 2000 and only 19,8% in 2009 (figures for cars and light trucks sales in U.S., Canis et al. 2010). From today’s point of view it could be surprising that GM still holds its leading position in
Poverty can mean different things But there is a difference between poverty and extreme poverty. But UN:s definition of poverty is to try to survive on less than 2 dollars a day, UN:s definition of extreme poverty is to try to survive on less than 1.25 dollars a day. POVERTY IN THE US The number of poor in the United States rose slightly last year, to 46.5 million from 46.2 million in 2011. The proportion of those living below the poverty line, however, was unchanged at 15 percent of the population, according to new statistics. The figures show that the economic recovery which led to stock market rally has not yet found its way to ordinary wage earners.
Revenues and benefits go to the wealthy at the expense of everyone else. For instance, the middle class is progressively shrinking. According to White House’s Council of Economic Advisers, the percentage of people who are middle class has fallen from 50 percent to 42 percent. On the contrary, a 2012 report by the Congressional Research Service reveals that the wealthiest 10 percent of households went from controlling 67 percent of the country’s wealth in 1989 to almost 75 percent in 2010. Moreover, this uneven distribution of wealth has contributed enormously to increased poverty and deprivation in the US.
The population of South Korea showed robust growth since the republic's establishment in 1948, and then dramatically slowed down with the effects of its economic growth. In the first official census, taken in 1949, the total population of South Korea was calculated at 20,188,641 people. The 1985 census total was 40,466,577. Population growth was slow, averaging about 1.1% annually during the period from 1949 to 1955, when the population registered at 21.5 million. Growth accelerated between 1955 and 1966 to 29.2 million or an annual average of 2.8%, but declined significantly during the period 1966 to 1985 to an annual average of 1.7%.
However, it is worth mentioning that digitalization does not automatically guarantee increase in economic growth (GDP) and decrease in unemployment rates. The following graphs will demonstrate these facts. • Figure 3 Shows GDP growth in Japan between 1980-2018 As seen from the above graph, Japan's current GDP % has dropped drastically since 2010. It has decreased by almost 3%. This comes to show that despite being a world leader in Technology and ICT today, Japan's GDP still managed to drop down and hasn't been increasing that much in the last 3 years.
The company’s profit reduced significantly by 43%. Sales suffered a loss of 8% and despite the approximation that there will be 10% growth in the handset market in 2008, there was a fall in the market share from 9.4% to 7.9%. The profit continuously declined and there was 97% reduction in the second quarter of 2008. There was a huge fear that Sony Ericsson was on the verge of decline as it announced that there would be a lay-off of 2000 employees. The launch of ‘C905’ increased profits but the amount was not huge enough to make the company emerge of the crisis.