Exact(1)
"We continue to believe, and SemGroup's recent performance appears to confirm, that on a stand-alone basis SemGroup will continue to fall materially short of expectations, including the plan of reorganization forecasts," Mr. Armstrong said in the letter.
Similar(55)
This year, when the National Oceanic and Atmospheric Administration tried to push through a reorganization that would have provided better climate forecasts to businesses, citizens and local governments, Republicans in the House of Representatives blocked it.
Second-quarter profit at Xerox skidded 19percentt on reorganization charges, but the company matched Wall Street's forecast as its supplies and services business hummed along smoothly.
Attendance at the two theme parks the company operates has not lived up to forecasts, and the company has been through two reorganizations.
Intel, which raised its forecast for the third quarter last month, also benefited from a reorganization and various new products after several quarters of a bruising price war with Advanced Micro Devices.
Excluding a charge for reorganization, the company lost $12.6 million, or 25 cents a share, which was slightly better than Wall Street forecasts of a loss of 32 cents a share but still far short of the kind of turnaround numbers that spur investor interest.
Excluding a $13.7 million charge for reorganization, the company lost $12.6 million, or 25 cents a share, which was slightly better than Wall Street forecasts of a loss of 32 cents a share, according to First Call/Thomson Financial, but still far short of the kind of turnaround numbers that spur investor interest.
The reorganization came as I.B.M. reported a solid profit gain in the quarter and raised its forecast slightly for 2010.
The reorganization makes sense.
Difficulties remain despite reorganization efforts.
Reorganization is precisely the point.
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