Were Siebel to do that, it would cause an enormous dilution for existing shareholders, and it would devastate earnings-per-share calculations if the stock recovered even slightly.
IF you think the equity markets are likely to drift, vacillating between the favorable impact of lower interest rates and devastating corporate earnings, you may be a candidate for strategies that offer the investment equivalent of a bird in the hand.
In this, a year in which the tumbling price of oil has devastated the earnings of many energy companies, Coastal is expected to report net income of $438 million or $2.05 per share, a 15% increase from last year and an almost- fourfold increase from 1993.
Women with children earn about 22% less than their male colleagues, according to a new report that explores the "devastating" impact of motherhood on earnings.
Since then, the United States economy has experienced a mild recession -- and, to date, an anemic recovery -- and financial markets have been roiled by scandals, corporate earnings disappointments and mounting geopolitical tensions stemming from the devastating terrorist attacks of Sept. 11.
Negative surprises, or earnings torpedoes (as they are called on Wall Street), are devastating to your capital.
The result, say people in four villages living near the giant 12 sq mile mine owned by Vedanta subsidiary KCM, is stomach pains and illnesses, devastated crops, loss of earnings and permanent injuries.
When he learned the firm's second-quarter earnings were devastated by mortgage losses, he picked up a chair and threw it against a wall, according to two people who were briefed on the incident.
"Bush's proposal to eliminate the double tax on corporate earnings would devastate life and annuity sales particularly variable annuities by reducing their relative tax advantages," warns Bear Stearns life insurance analysts, Andrew S. Kligerman and Julie Y. Oh. "The proposed savings accounts would further reduce demand for annuities".
