Brennan said he will practice the same succession plan, which has given him a company that's operating soundly in what's become a tough economic environment for any business.
Last week the company reported unexpectedly strong first-quarter earnings: Operating income was $25 million, or 4 cents a share, up from $19 million, or 3 cents a share, a year earlier, soundly beating analysts' estimates of a loss of 1 cent a share, according to First Call.
For the first quarter it reported unexpectedly improved earnings: Operating income was $25 million, or 4 cents a share, up from $19 million, or 3 cents a share a year earlier, soundly beating analysts' estimates of a loss of 1 cent a share, according to First Call.
A soundly passive strategy is to go with a total stock market index fund.
"When the political branches are faced with so many difficult issues, and when so many of our fellow citizens have been touched by hardship," the chief justice wrote, "the public might welcome a year-end report limited to what is essential: The courts are operating soundly, and the nation's dedicated federal judges are conscientiously discharging their duties".
And now that the company is operating soundly, Rohrbach is ready to start taking money from investors to finance the company's growth.
But a soundly structured bonus system can offer the right incentives.
Fads fade, but a soundly made product can continue to sell for generations.
A battery operated radio.
Proponents of free-market capitalism believe that markets will operate soundly and efficiently if left to willing, but not obliged, buyers and sellers.
In October 2003, the state's commissioner of banks filed a cease-and-desist order against NovaStar, concluding that the company engaged in "acts or practices which warrant the belief that the corporation is not operating honestly, fairly, soundly and efficiently in the public interest".
