Thatmaybegood newsfor the stateas shareholder, but itdoes notplacateCzechconsumers, whopayelectricityprices that are among thehighest in Europeon a purchasing-power basis.
Matching American levels of profitability is a challenge chief executives around the globe are setting for themselves, as the notion of enhancing shareholder value spreads and capital scours the world for the highest returns.
Moody's said only four non-financial companies have the highest rating, and Apple doesn't deserve it because it could adopt an even more shareholder-friendly policy, and its policy of not repatriating cash could force it to borrow more.