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They just said, "Because of restructuring, your position now has been eliminated".
"The profits have come in a bit light because of restructuring charges at Bestfoods".
But net profit rose only 6percentto to $80.9 million, largely because of restructuring costs.
R.J. Reynolds Tobacco Holdings lost $136 million in the fourth quarter because of restructuring charges and weaker sales.
Profits plunged because of restructuring costs at Engelhard, an American producer of catalysts (as in catalytic converters) which BASF bought earlier this year.
[Page C4.] Interpublic Posts Quarterly Loss The Interpublic Group of Companies reported a loss for the second quarter because of restructuring costs, widely missing Wall Street's estimates.
Similar(41)
These companies tend to be larger-capitalization stocks, and many have strong balance sheets because of years of restructuring.
Because the costs of restructuring the economy would fall directly on individual workers, companies keep on workers they do not need, and banks endlessly extend credit.No matter how hard they try, governments are unlikely to strike the right balance of risk and return for everyone.
That's because it needs a lot of restructuring.
China has suspended the restructuring of state enterprises and banks, because of the deflationary consequences of restructuring in crisis conditions.There is a growing insistence in the region that Asian arrangements have strengths which have been denied in the West and which need to be built upon to speed recovery.
"We see it as a good opportunity". Because of the restructured deal -- reduced debt and no management fee -- city officials said Anaheim Arena Management is likely to realize a profit soon.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com