Sentence examples for and slashing the value from inspiring English sources

Lalani and the new group finance director, Tony Chanmugam, have been poring over the group's books and slashing the value of the business.

BAE Systems has plunged into the red after agreeing to pay fines to US and UK authorities, and slashing the value of its military trucks division.

But even though the Great Recession has devastated defined benefit pension plans and slashed the value of savings in self-directed retirement funds, you still stand a good chance of enjoying a retirement that's even more prosperous than those of your forefathers.

Rio Tinto fired Tom Albanese, the chief executive, last month after announcing it was slashing the value of its aluminum business and Mozambique coal assets, the latest in a string of write-downs on pricey acquisitions.

The concept of a bad bank has gained momentum in the financial industry as the economy deteriorates, slashing the value of risky assets on banks' books and increasing the need for banks to hold capital against those losses.

Glovis shares plunged as much as 14.5percentt, slashing the value of the stake.

The company reported a £6.4bn annual loss in April after slashing the value of its property portfolio.

Fortis's problems stem from its purchase last year of ABN AMRO with partners Royal Bank of Scotland and Spain's Santander in a €70bn (£37.92bn) deal just as the credit crisis struck, slashing the value of banking assets.

A21 NEW YORK/REGION B1-7 Formula Proposes Cuts In Housing Voucher System The Bush administration has proposed slashing the value of subsidized-housing vouchers given to poor residents in New York City by almost 15percentt in the next year, and by more than 50percentt in some urban areas in New England.

The stock is down 93% in the last year, slashing the value of the Pritzker's 20% stake to $2 million from about $42 million in a matter of months.

The market, as you know, went nuts at the news, slashing the value of Apple's stock in half, from $53.50 to $29.13, and stripping away almost all the gains it had made since Jobs purged Gil Amelio.