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Given these selection metrics, the credibility of HVDC stations in controlling the DC voltage can be offered to the system operator in real-time for further operational decisions.
Smiths has exceeded our and consensus estimates for 2012 and its outlook statement is reasonably upbeat, expecting payback from investment programmes and further operational improvements.
"Unfortunately the level of cash and further operational restructuring required to rescue a more substantial part of the business was too much risk for most interested parties," he said.
The government has published further "operational cases" in response, but coming just 19 days after the recommendation to do so, the jury is very clearly still out on their adequacy.
However, David McCorquodale, corporate finance partner at KPMG, who led the sales process, said the level of cash and further operational restructuring required to rescue a more substantial part of the business was too much risk for most interested parties.
Further, operational challenges consist of situations where values cannot always be measured and quality measurement is not sound.
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We still believe, therefore, that the transformation strategy remains on track to deliver further significant operational and financial improvements.
The reforms would see the main board reduced from 11 directors to seven, with a further two operational boards overseeing the professional game and the non-professional game.
Nevertheless, room still exists to further reduce operational costs.
These data centers were also frequently deployed in areas where energy and labor were cheap to further cut operational costs.
Van Natta asserts that the new partnership will allow MySpace to further slash operational costs and effectively leverage FIC's local knowledge and relationships.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com