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Unlike just about any other earnings source, federal funds have continued to flow freely through recession and recovery.
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"Mr. Gerstner did a great job turning the company around when he came in," Mr. Olstein said, "but basically they've had a series of what I call 'lower quality of earnings sources' to meet analysts' earnings estimates".
"This acquisition will take Tenet into new geographic markets, expand the breadth of our service offerings, diversify our earnings sources and increase the benefits we expect to realize under healthcare reform.
These fees, which Marriott takes as a percentage of hotel revenues, provide steadier earnings sources than hotel owners enjoy.
"Therefore, a key factor for further improvement…will be its ability to diversify its profit sources and its earnings base by enhancing profits from other businesses, such as LSI (large-scale integrated circuit) and digital media products," it said.
Data: Encuesta de Condiciones de Vida 2005 Fatherr Son Top Fourth Middle Second Bottom Top quintile.37.19.14.14.16 Fourth quintile.23.22.20.18.17 Middle quintile.17.22.22.21.18 Second quintile.13.20.24.22.21 Bottom quintile.11.18.21.24.26 Transition matrix of earnings: Sweden (Source: Jäntti et al. 2006. Data: Statistics Sweden's administrative registers, cohort born in 1962).
However, differences in potential earnings between source and destination are often posited as the key factor influencing the decision to move [ 3, 15- 21].
Facebook is also trying to gain earnings from sources other than advertising.
But Cooper gets 45% of his earnings from sources like managing real estate for pension funds, lending to bankrupt retailers and buying distressed properties.
The savings incentive associated with increased last trip duration is strongest for migrants who can convert current foreign earnings into a source of long-term income in their place of origin.
It says no estimates are available of the alliance's earnings from this source.
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