When memory markets are in an upswing and demand is strong, Micron’s sales growth and profitability can be impressive. Micron has a high fixed cost base that leaves it vulnerable to underutilization ...

1 Voting power varies on certain matters pertaining to the General Department with use of the Fund's resources in that Department. 2 Percentages of total votes (5,041,052) in the General Department ...

The global financial crisis showed policymakers that financial conditions can offer valuable information about risks to future growth and provide a basis for targeted preemptive action. Chapter 3 ...

3M’s legacy portfolio remains highly profitable and is poised to benefit from multiple secular growth trends, such as a growing global middle class and rising regulatory standards.