Overseeing steady ascent
Article Abstract:
Blue Bell, PA-based C&D Technologies Inc. (formerly Charter Power Systems Inc.) posted $300 million in sales in fiscal 1998, and now has a gross margin of roughly 27%, but the company's CEO will not be around to see if the firm makes its goal of 30%. CEO Alfred Weber is retiring. Under Weber's control, the company was able to recover from a loss and triple sales, boosting shareholder value, said Weber. The company was able to do this without laying off employees.
Comment:
Blue Bell, PA-based C&D Technologies Inc. (formerly Charter Power Systems Inc.) posted $300 million in sales in fiscal 1998, and now has a gross margin of roughly 27%, but the company's CEO will not be around to see if the firm makes its goal of 30%.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
A hearing aid that 'listens'
Article Abstract:
Oticon, part of blue-chip Danish Company officially launched Synchro hearing aid in about 30 countries in August 2004. Synchro's two tiny microphones automatically and continuously pick up nearby sounds, evaluate them, and apply settings to boost the volume of speech and reduce background noise.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
CEO out as Mediq misses a payment
Article Abstract:
Article discussing Mediq/PRN Life Services Inc.'s actions of firing its CEO and missing a $10.5 million interest payment on $190 million in corporate bonds.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Leading the chase. Engineering firms. Shelter from the storm
- Abstracts: Designing solutions. Design beyond tradition. Design firm's unconventional approach leads to bold spaces, real solutions
- Abstracts: Rolling the dice. Betting on it
- Abstracts: The road to a 'smart' parking meter has been a bumpy one. Amish company thrives amid child-labor dispute. New chief has a cure for ailing TeleSpectrum
- Abstracts: Comcast expands city offices. Philly is getting ready to board the Dali trolley