It said: "We see mounting profit pressures on the existing businesses (reducing our forecasts for these by 6% in 2007 and 11% in 2008) and significant risks over the ABN Amro integration.
Efforts to negotiate a compromise in the Senate have been faltering, all but ending hopes expressed by both sides of getting a bill signed into law quickly at a time when layoffs are mounting, corporate profits are withering and consumer and investor confidence is fragile.
While the Americans focus on the economy's strengths, particularly the persistent consumer spending, the foreigners dwell on dwindling profits, mounting debt and the constant shrinking of corporate operations.
What that means for Intel is that the company will probably roll along for years, adequate new products being introduced every couple years, revenues and profits mounting like stacks of chips at the winner's table.
After a hasty editing job, Quercus went on to sell 2.3 million copies of the three books in the first 18 months, saving the company from bankruptcy and turning mounting losses into profits of around $5 million in 2010.
Trying to avoid raising interest rates for their discounted loans, automakers stepped up the subsidies even further, but the mounting costs crimped profit margins.
Evidence is mounting that for-profit charters spend a massive amount on advertising to pack in students before the count ("enrollment bursts," one education expert calls it), but once they get the cash, things fall apart.
But providing phone support is expensive, so Internet companies under mounting pressure to make profits are adopting more economical automated systems.
