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Exact(27)
To control expenses, the Caldwells buy equipment secondhand and do nearly everything themselves.
Google's results were helped by the company's continuing efforts to control expenses.
But that would involve a big multiyear investment at a time when Mr. Prince is under pressure to control expenses.
Many of the measures Mr. Friedman calls for have a monetary cost at a time when colleges are working hard to control expenses and charges to students.
"They had to control expenses pretty dramatically to deliver the numbers" that analysts expected for earnings, said Richard Chu, a managing director with SG Cowen.
I.C.M. in particular, which sold a majority stake to Merrill Lynch and a Connecticut-based private equity group last year, is trying to control expenses.
Similar(33)
Although the current study did not examine the costs of scaling up each of the 15 possible technologies, the authors point out that implementing the measures would likely generate economic benefits, including creating new industries, reducing the U.S. dependence on foreign oil and lessening the need for other pollution-control expenses associated with burning coal and other fossil fuels.
"They've controlled expenses, but we've seen 10 quarters of sliding sales," he said.
Thomas Upton, a director at Standard & Poor's, said New York Life's earnings were helped by its success in controlling expenses.
As health-care costs climb ever upward, controlling expenses without sacrificing high-quality care becomes increasingly important.
The company said it controlled expenses and increased operating margins as large customers in the United States delayed purchases, causing first-quarter sales to rise less than expected.
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