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Despite the unexpected good news in yesterday's release, the company remained mired in one of the most difficult business environments in its 150-year history.
In case after case companies reported difficult business environments or the problems of a sinking euro and surprised not only investors but also the analysts.
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The private sector, the key to success, is cautious, given Nigeria's difficult business environment.
The founder of Papa John's, John Schnatter, said the company performed well in a difficult business environment.
lives up to those responsibilities even in a difficult business environment — then I think I probably stack up pretty well".
Pfizer faces a difficult business environment after the patent on Lipitor, the world's top-selling drug, expires in November 2011.
Wells Fargo executives said the strength of other parts of their franchise, like their retirement business and corporate bank, helped the bank power through a difficult business environment.
But they are also masking an increasingly difficult business environment, marked by rising costs, tightening access to oil fields, and declining profit for refineries.
The origins of Italy's low trend growth pre-date the crisis and stem from its stagnant productivity, difficult business environment, and leveraged public sector.
Newspapers around the country have been hit by a difficult business environment as once-lucrative advertising dollars have continued to migrate from print newspapers to the Internet.
ConocoPhillips "is planning for a prolonged and difficult business environment," Mr. Mulva told analysts during a conference call, noting that "2009 and 2010 will be very challenging for our global economy and the energy business".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com