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"We continue to lose 2 to 3 cents a share each quarter after some pretty heavy restructuring," Mr. Smach said at Bear Stearns's technology conference in New York.
"It's difficult to provide a guarantee," he said, "but we are asking them to consider that the company has already been through a heavy restructuring, and not to take drastic measures".
Heavy restructuring costs and huge losses on its stakes in overseas mobile-phone businesses were blamed: "an aberration" said the company.Misrule by FiatFiat's first-quarter losses hit euro529m ($464m), after a poor performance at its car-making arm.
Having eased the bank's huge burden of dud loans, slashed operating costs and cut exposure to financial risk, Mr Arpe reported healthy profits for his bank for the first half of this year.With the heavy restructuring work done, he is now seeking to increase revenue by getting more customers through the door.
Having gone through traumatic managerial upheaval and heavy restructuring, AMD regained in Q1 a couple of the market share points it had lost to Intel in recent years, though at 13% they're at about half their high-water mark and need the help of a robust PC market to return to profitability.
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"We strongly oppose the government's heavy-handed restructuring policy, which requires only laborers' sacrifices," leaders of the Federation of Korean Trade Unions and the more strident Korean Confederation of Trade Unions said.
Ford Motor, the nation's second biggest automaker, said Thursday it swung to a profit of $104 million in the fourth quarter from a loss of $793 million a year ago, when it incurred heavy charges for restructuring in Europe and a new agreement with its top supplier hurt the bottom line.
At home, heavy-handed corporate restructuring that leads to major layoffs may sober voters.
A fundamental restructuring, including heavy job cuts, seems likely.Final demandA court upheld a demand from the Russian government that Yukos pay back taxes of $3.4 billion.
Iberia has sustained repeated and heavy losses although a restructuring designed to ready the group for flotation has helped a move into profit.
The owners of The Philadelphia Inquirer and The Philadelphia Daily News filed for bankruptcy late Sunday night after talks aimed at restructuring their heavy debt load broke down, executives said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com