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Leveraged buy-outs usually take place in stable industries.
Long-termism works well in stable industries that reward incremental innovation.
Manhattan's borough president, C. Virginia Fields, said the report illustrated the importance of diversifying the economy with other, more stable industries.
In New England, he said, stable industries like insurance and medical care have insulated the economy from the worst of the recession's aftermath.
They need to make hard decisions on taxes and spending, and focus on developing stable industries, improving education and working their way to growth.
None has sounded a retreat from big-budget blockbusters.Hollywood is one of America's most stable industries, with the same number of big studios now (six) as in the early 20th century.
Similar(45)
"It's a more stable industry for a town than a manufacturing plant," Professor Pogue said.
That's a hefty return from a company in a relatively stable industry.
Precisely because the commission has stepped into the acquisition, prices are likely to remain stable, industry analysts said.
I had about 10 bosses in that time, so it didn't seem like a stable industry.
"How," he asked, "do you make a family business last for 14 centuries?" It helps, he wrote, if the business operates in a stable industry.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com