The group is now focusing on expansion in new markets such as Latin America, Europe, the Middle East and Asia and has taken "swift and deliberate action" to slash costs.
Still, the pickup in business outside the Americas, where Tiffany is focusing its expansion, reassured Wall Street that the jeweler's growth prospects remain good, Mr. Yarbrough said.
If small businesses are nervous about overreaching and sensitive about their access to cash, big firms are increasingly focusing their expansion abroad, not at home.
Having spun off its European operations, Amatil (A $4.8 billion in 1997 revenues) is focusing on expansion in Asia.
Fab.com is also focusing on expansion in markets, including Southeast Asia, with especially high rates of mobile penetration.
Notably, several sequenced Y. pestis strains share the same DFR profiles with Chinese strains, providing data for revealing the global plague foci expansion.
It is still difficult to tell the direction of foci expansion, and we need strains from former USSR to figure out the exact evolution scenario of Y. pestis in this region.
Overall, no effect of the pipo alleles on the rate of foci expansion was detected (i.e., the slope of the regression lines; GLM test of " pipo × hpi" interaction: χ = 3.559, 2 d.f., P = 0.169).
