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Molson's net earnings shrank to $43.6 million in its third fiscal quarter, which ended Dec. 31, a 34percentt drop from a year earlier.
Even as Cisco's earnings shrank during the recession, the computer equipment maker expanded its footprint through partnerships, acquisitions and new product pushes.
Chambers was among the first high-profile U.S. executives to herald an economic recovery, and even as Cisco's earnings shrank during the recession, the computer equipment maker expanded its footprint through partnerships, acquisitions and new product pushes.
That's because its earnings shrank at a 17% rate in the first quarter of 2013 and are expected to fall nearly 1% for all of 2013.
Earnings shrank by even more.
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Though many have seen their earnings shrink as the global economy slowed, many have been able to snap up assets put on the block by their U.S. and European counterparts.
With productions heading east to cheaper locations such as Hungary, the studio where the classics Ben-Hur and Roman Holiday – and more recently Gangs of New York – were shot has seen its earnings shrink.
This group were stretched before and are now uniquely "squeezed, exposed and overlooked", according to the foundation: unlike benefit claimants, whose income remains at least stable, their earnings shrink in tough times – many are self-employed – yet, unlike the affluent, they have no savings to fall back on.
The average company in the S&P 500 would see its earnings shrink by about 10% if options were factored in, according to a Merrill Lynch study.
For the quarter, the credit card company announced a 10.3% rise in sales to $6.4 billion from $5.8 billion, while earnings shrunk 9.9% to $831 million, or 71 cents per share, from $922 million, or 75 cents per share.
While profits are expected to rise at Altria Group, earnings have shrank at Kraft Foods, in which Altria holds a 83.9% stake.
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CEO of Professional Science Editing for Scientists @ prosciediting.com