As low interest rates continue to undercut profits, banks like JPMorgan are under pressure to cut expenses.
The hard-discount stores, Aldi and Lidl, continued to undercut them, gobbling up market share, while falling food prices ate into their profits.
Ford, the second-largest American automaker, after General Motors, on Tuesday reported flat profits for the third quarter, as the sharp downturn in its European business continued to undercut its strong performance in the North American market.
But even as the expenses have diminished, market prices remain so low that few planters could afford to grow cotton without subsidies, thanks to foreign imports that continue to undercut the domestic crop.
Reusability will make possible the necessary financial realities outlined by Elon Musk last year when he described SpaceX's plan to get to Mars, and will help the company continue to undercut competitors for commercial launches while still making money in the process.
Mr. Schoenholtz said he did not think Treasury yields would continue to undercut yields on the bonds of governments in the euro area.
WASHINGTON — An unusual proposal by Iran's supreme leader to eliminate the position of president has highlighted an increasingly bitter struggle within the country's political elite, as the leader and his allies continue to try to undercut the powers of Iran's ambitious president, Mahmoud Ahmadinejad.
They continue attempts to undercut "Obamacare," misrepresenting it as a "job-killing failure" despite its obvious success; they literally try to make it fail.
Sanyo's home appliances are being undercut by rivals in China and elsewhere, but Canon's office-equipment continues to maintain high market share and juicy margins.The rest of the Canon story hinges on technology and how it is used.
By continuing to operate, these tracks undercut some valuable and heartfelt contributions made by others in the sport.
