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A material decrease in a backlog of orders, for example, indicates deteriorating revenues and earnings, he said.
And by changing CEOs early, the company gives its new leadership time to produce the reinvention needed, well before deteriorating revenues and dwindling options become a crisis.
The added debt and deteriorating revenues proved debilitating.
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Doing the same for Yahoo, which was reporting steadily deteriorating revenue before the sale to Verizon, may be tougher.
HSBC said: Near term, we think easyJet will see stronger revenue trends than peers this winter, but we see deteriorating revenue momentum; the stock is up 94% in the past 12 months.
The state treasurer, Mike Nahan, is also seeking to push an $8bn through parliament to cover rapidly deteriorating revenue streams, bringing the total amount borrowed by the Barnett government since it came into office in 2008 to $21bn.
And since the cost of building and, above all, repairing roads has risen substantially in the past twenty-two years, because of inflation and because the federal highway system is deteriorating, while the revenue from the gas tax hasn't risen nearly as much, Congress has had to find other ways to make up the difference.
At a certain point, banks will be able to overcome more than a year of losses from deteriorating assets with strong revenues and profits from traditional banking activity.
In consequence, their marginal tax rates dropped -- setting off a vicious cycle of diminishing revenues and deteriorating quality, spurring more flight from public institutions.
Citigroup and Merrill Lynch have each lost money every quarter in the last year, as deteriorating assets wiped out revenue.
An economically rich state of low taxes and more than 300,000 newly arriving residents each year, Florida is suffering from an inability to raise revenue for deteriorating highways, for education and for other social and economic development.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com