Higher coffee prices over the last two years have increased the company's costs by about $500 million, which has been offset by strong revenue growth and tight expense control.
Strong loan growth, tight expense controls and effective balance-sheet management are driving solid results at Nara Bancorp. September-quarter earnings per share increased 3% to $0.33, beating the consensus by $0.02.
5. Tight expense management, using technology innovation and leadership: Glam will focus on managing our growth rate in a slow economy with very tight controls in expenses, building more technology, thinking outside the box, showing care, and leading in the market.
Four other politicians two ex-MPs and two peers have been charged with similar offences, and the police are investigating several others.Meanwhile, MPs are chafing under the tighter expenses regime designed amid the aftershocks of the scandal.
"The deterioration in economic-sensitive areas like PCs and microelectronics can be partially offset with tighter expense controls," Young says.
Top U.S. bookseller Barnes & Noble reported a quarterly profit well above Wall Street estimates as its online arm cut losses and tighter expense control offset price cuts on a new Harry Potter title.
The company also kept a tight lid on expenses at the investment bank.
Records show that it failed to keep a tight control on expenses.
Now, Mr. Drake said, "guys like John Wren, John Dooner and Martin Sorrell keep a tight rein on expenses, particularly in real estate".
The bottom line, however, was helped by lower credit losses and tight controls on expenses — a major goal of Citigroup's chief executive, Vikram S. Pandit.
