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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.
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It blamed "cost cutting" for the reduction.
At that time the firm blamed "cost blow-outs" for the stadium's spiraling expenses.
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.
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.
Both blamed higher costs for raw materials for the decline.
It blamed pension costs, stagnant pay for young people, and the declining affordability of housing.
The company also blamed rising costs and the strong Australian dollar.
I suppose they can't be blamed, as costs are so much more in holiday time.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com