LONDON — UBS, Switzerland's biggest bank, posted a $1.3 billion quarterly loss on Tuesday, its third, and blamed costs linked to its reorganization program.
Almost half (46%) of the 5,000 people questioned blamed costs for the reason for not going to the cinema and 30% cited on demand movies as making it easier to stay at home and watch a film.
Washington Group, based in Boise, Idaho, filed for Chapter 11 bankruptcy protection in March, blaming cost overruns at the unit it acquired.
Hospitals blame cost pressures from labour shortages and new regulatory requirements; others say it reflects their market power, which has been aided by a wave of mergers.
It said it was disappointed to have had to implement a price rise in October given that "energy affordability is a major societal issue", blaming costs including wholesale energy price rises.
The company blamed corn costs, foreign-currency devaluations, and uncertainty over volumes and pricing strength for its first take on 2009.
HSBC had blamed the cost of the bank levy for hitting returns to shareholders.
Operators blamed the cost of installing equipment to comply with new legislation on pollution.
The Big Three for years have blamed that cost disadvantage for their sinking market share in the United States.
