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From Cisco to Hewlett-Packard, technology companies have taken to muttering about poor profits and sales in recent weeks.
Before its recent climb, the company's stock hit a 10-year low in September after another season of poor profits.
But blaming poor profits on bad regulation is only part of the story.As the pips squeakTo begin with, the main change is sensible.
A Ghibli insider forecast its closure on the Japanese website News Cafe, blaming the high production costs and poor profits of its recent releases.
The bid speculation only ramps up the pressure on Philips and his team to change tactics in the face of poor sales and poor profits.
American Express, Merrill Lynch, and J. P. Morgan Chase & Company all said this week that poor profits were forcing them to cut jobs, although it was not clear how many of those cuts would be in New York City.
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That was despite the poor profit performances, which were described as "ugly" by one City analyst.
But poor profit figures from Cisco hit the Nasdaq Composite, which lost 5.9% over the week.
The bad news climaxed with the departure of Lukas Mühlemann, the chairman and chief executive, amid criticism of his expansion strategy and the company's poor profit performance.
No doubt this will eat into the cash pile, depress operating metrics and extend the period of poor profit delivery from the group, albeit should be lower cost.
"Bottomless access to bank debt really allowed the Chinese companies to continue to sell at losses and have poor profit-and-loss income statements in order to gain market share," said Adam Krop, an analyst at Ardour Capital.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com