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The interdealer brokers were lower after Tullett Prebon warned of lower revenues.
Deflation hurts the economy because lower prices translate into lower revenues for companies.
The interdealer brokers were among the big fallers today after Tullett Prebon warned of lower revenues.
First, people are downloading more single tracks than albums, which means lower revenues for the majors.
Ford reported increased profits on lower revenues, thanks to continuing cost-cutting.
If I had my pleasure and I was king, we would lower revenues.
Besides, he added, Wall Street doesn't like such wholesale giveaways, which can result in lower revenues and depressed stock prices.
Honeywell International, which makes aerospace and automotive products, posted a third-quarter profit today as cost-cutting offset lower revenues.
Legislators attributed the lower revenues to a declining economy, the Sept. 11 attacks and recent business scandals.
The automatic stabilisers allow borrowing to rise to cover extra spending on higher unemployment and lower revenues.
As telemarketers pray for a legal reprieve, they seem resigned to a future of lower revenues and expectations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com