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A female-led blockbuster is rare in any year, and all the more so in one marked by box-office disappointments and industry turmoil.
Quintess has cut operating expenses by about 30percentt, increased dues and has said it plans to reduce the size of its housing portfolio to about 70 homes, from 80. So-called equity destination clubs, like Equity Estates and Abercrombie & Kent Residence Club, see the industry turmoil as an opportunity.
Watch, too, Detroit's suppliers, which have been bearing the brunt of the current industry turmoil.
Finance and managerial research scholars agree that distress is more likely to occur during industry turmoil (Almeida and Philippon 2007; Ramanujam 1984).
And the monster of Chartered's field, Taiwan Semiconductor, is the odds-on favorite to come out ahead during any industry turmoil.
Tushman and Rosenkopf (1996) highlight this importance by discovering that management replacement is positively associated with post-turnaround performance, but significantly and negatively associated with subsequent performance when industry turmoil is the cause of distress.
Similar(48)
The failure threw the industry into turmoil.
Still, Wells is not immune from the industry's turmoil.
The second is less sunny: the mobile-phone industry faces turmoil.
But with much of the European airline industry in turmoil, calm skies may be hard to find.
"This is an industry in turmoil," Gary B. Smith, the president of Ciena, a maker of optical networking equipment, said yesterday.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com