Exact(4)
Mr. Muusers said Philips's troubles reflected industry trends.
"From everything we know, our activities with Enron were legal, met accounting standards, and reflected industry practices -- and our people, relying on the advice of independent legal and accounting experts, believed they were doing the right thing".
As he reported Sainsbury's quarterly sales figures this week, the supermarket's chief executive Mike Coupe reflected industry fears about price rises, pointing to a potential rise in coffee prices while other foodstuffs may fall.
In announcing the decline in the amount of swaps outstanding, Robert Pickel, the chief executive of the trade group, said it reflected industry efforts "to reduce risk by tearing up economically offsetting transactions, and demonstrates the industry's ongoing commitment to reduce risk and enhance operational efficiency".
Similar(56)
Fourth-quarter performance reflected industry-wide problems: higher costs, higher taxes and lower production volumes.
Base case reflects industry consensus opinion.
Unlike the final plan of the northeastern states, the western plan, reflecting industry suggestions, requires that only 10percentt of the allowances to emit gases be sold at auction; the rest are given to individual industries.
An official of the Global Climate Coalition, which reflects industry views, said today that the Bush administration had a right to sever any association with the Kyoto treaty's specific guidelines for emissions reductions.
If awards reflect industry attitudes, then it's a reminder that there's a long way to go to demonstrate that it is serious in its determination to change.
Airlines have been accused of dragging their heels over climate change, but the strategic shift reflects industry concerns that it could be ambushed at the global warming summit in Copenhagen in December if it does not address its growing emissions.
One option for the company, the top United States chemical maker, may be to issue shares that track its drug unit alone to reflect "industry changes," the chief executive, Charles O. Holliday Jr., said at the annual meeting of the World Economic Forum in Davos, Switzerland.
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