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Accounting > Operating Leverage
The following information is about Operating Leverage.
Operating Leverage Defined
is fixed operating costs divided by total (fixed plus variable) operating costs.
This definition is in context to Accounting. See more contextual defintions for Operating Leverage.
Indian stocks and rupee hit by $1bn fraud at IT giant Satyam
Published January 7, 2009, 4:17 pm, Independent
India was shaken yesterday by one of the largest corporate scandals in its history, after the founder of giant IT group Satyam Computer Services admitted the group had become embroiled in a $1bn (£660m) accounting fraud. Byrraju Ramalinga Raju, Satyam's founder and chairman, revealed in a letter to the company's board yesterday that he had overseen years of accounting irregularities. He ...
OMNOVA Solutions' Cost Reduction Actions Expected to Provide $19 Million in 2009 Cost Savings as Company Completes a ...
Published January 7, 2009, 4:15 pm, PR Newswire via Yahoo! Finance
In an ongoing effort to reduce costs and right-size its business, OMNOVA Solutions Inc. today announced that it had taken cost reduction actions which are expected to provide $19 million of year-over-year savings in 2009.
Satyam Chairman Resigns After Falsifying Accounting (Update1)
Published January 7, 2009, 1:21 pm, Bloomberg
Jan. 7 (Bloomberg) -- Satyam Computer Services Ltd. Chairman Ramalinga Raju resigned after saying he falsified earnings and assets, prompting a collapse in the stock of India’s fourth-largest software-services provider.
Ruby Tuesday Reports Second Quarter Results Costs Reduced and Property Portfolio Restructured to Strengthen the Company
Published January 7, 2009, 1:06 pm, Business Wire via Yahoo! Finance
MARYVILLE, Tenn.----Ruby Tuesday reported revenue of $289.8 million for its second fiscal quarter ended December 2, 2008, versus $320.9 million for the same period a year ago, with the decrease reflecting a 10.8% decline in same-restaurant sales.
Premier Exhibitions, Inc. Reports Third Quarter Results
Published January 6, 2009, 3:20 pm, GlobeNewswire via Yahoo! Finance
ATLANTA, Jan. 6, 2009 -- Premier Exhibitions, Inc. , a major developer of touring museum quality exhibitions, today announced its financial results for the third quarter and nine months ended November 30, 2008.
Grassroots Online Network Aims to Stimulate Innovation within the Local Manufacturing Community in the Waterloo Region
Published January 6, 2009, 6:00 am, Business Wire via Yahoo! Finance
KITCHENER, Ontario----IGLOO Inc., an emerging leader in online community solutions, today in partnership with a group of local innovators including the Region of Waterloo, Cities of Kitchener, Waterloo and Cambridge, Excellence in Manufacturing Consortium , Conestoga College, University of Waterloo, the Greater KW and Cambridge Chambers of Commerce, Communitech and Canada’s Technology Triangle ...
Auto makers look to Mexico
Published January 6, 2009, 5:28 am, The Globe and Mail
And, what happens to CPP, OAS payments if consumer price index actually declines
Cloud Computing Journal: The Future of Cloud Computing
Published January 6, 2009, 3:46 am, Linux World
As new offerings like Amazon's CloudFront, Microsoft's Azure, and VMware's vCloud are rolled out, the worldwide cloud computing momentum continues to grow. Here, SYS-CON's Cloud Computing Journal surveys a globe-girdling network of leading infrastructure experts, IT industry executives and technology commentators for their views on The Shape of Cloud Computing To Come. read more
Fitch Downgrades Conseco's Ratings Due to Increased Financial Pressure; Outlook Negative
Published January 5, 2009, 3:41 pm, Business Wire via Yahoo! Finance
CHICAGO----Fitch Ratings has downgraded the ratings assigned to Conseco Inc. . The Rating Outlook on Conseco Inc. and its subsidiaries remains Negative. In addition, the Insurer Financial Strength rating for Senior Health Insurance Company of Pennsylvania is withdrawn following Conseco's spin-off of that company.
EMS Technologies Announces Earnings Guidance for 2009
Published January 5, 2009, 5:46 am, GlobeNewswire via Yahoo! Finance
ATLANTA, Jan. 2, 2009 -- EMS Technologies, Inc. today announced that it expects earnings from continuing operations for the 2009 fiscal year to be in the range of $1.55 - $1.65 per share, based on accounting standards used in 2008 and prior years, as discussed below.
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