In the short run, it would have devastated profits.
A slump in oil prices has devastated profits at energy companies.
But those incentives devastated carmakers' profits and vehicles' resale values, so General Motors, Ford Motor and Chrysler are trying to move away from that strategy.
So a permanent shift toward smaller cars would devastate industry profits.One big reason to expect such a shift is that the very cheap lease finance that manufacturers have relied on to stoke demand for their more costly cars, especially in America, Germany and Britain, is probably a thing of the past.
And it is having a devastating effect on profits.Under the old system, electricity prices spiked during peak hours (the middle of the day and early evening), falling at night as demand ebbed.
In just six weeks — an extraordinarily short time, as these things go — they put together a devastating profile of her past, filled with troubling inconsistencies, outright lies and the possibility that she hopes to profit from her alleged ordeal.
For the Riot Grrrls who had conceived Girl Power, that a movement which campaigned on hard issues like rape and sexual violence had been co-opted for profit was devastating.
For the Riot Grrrls who had conceived Girl Power, that a movement that campaigned on hard issues like rape and sexual violence had been co-opted for profit was devastating.
The crucial factor in the current rebound is that both semiconductor and semiconductor equipment companies – in the face of collapsed stock prices, shrinking revenues and profits, and devastating lay-offs – have refused to compromise their RD investments.
But in Atlanta, where the travel is overwhelmingly business-related and visitors more often than not walk the streets wearing name tags, the slump in corporate profits has been devastating because it has prompted companies to reduce travel expenses.
