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A positive resection margin deteriorates local control significantly [28, 45].
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In a reasonable base-case scenario, with a 1% CAGR for earnings over five years and margins deteriorating to 2002 levels, we still find 22% average upside for our three stocks.
"This does not mean that disruption is imminent or likely, but Ofgem, DECC and ourselves believe it appropriate to consider what measures could be taken in case margins deteriorate further," National Grid said.
"As competition has intensified and margins have deteriorated, companies are trying to put up barriers to protect their positions," said Mr. Tai, whose firm has invested about $2 billion in technology start-ups since 1970.
In a carefully worded reprimand, Mr. Loeb outlined what he called "chronically weak operating margins and deteriorating competitive position relative to Christie's," Sotheby's main rival, and said he was not persuaded by management's explanation for why Sotheby's market share was lower than Christie's.
"We expect Zale shares to trade down as gross margins should deteriorate over the course of the year".
The average of 15 points on the localised, deteriorated margins was recorded as mean vertical loss of marginal degradation.
Mr. Thorndike sells shares when a company's profit margins begin to deteriorate or its revenue growth slows.
Unfortunately, the uptake of data fails to deliver in financial terms: revenues continue to fall for VodafoneGroup, meanwhile margins have severely deteriorated.
Deteriorating margins hammer valuations.
A further worry for Stringer is the deteriorating margins for Sony digital cameras and camcorders.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com