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Its morning session brought $11.9 million in sales, well below its low estimate of $19.3 million.
With sales well below his projections, he said Business Angels was now wary of lending him additional money to relocate.
Nortel said yesterday that it would have sales "well below" $4 billion this quarter, down from a previous estimate of $5 billion.
If Roche wants to improve its sickly pharmaceutical operating margins (estimated to be 22% of sales, well below the industry norm of 25-35%), it will need more coups like the PCR deal.
Both G.M. and Ford are expected to report impressive profits for 2010, despite annual United States sales well below the 17 million that the industry sold a few years ago.
It's the reason Geox's distribution costs in Italy are 2.2% of sales, well below the industry's 5% norm.
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I've seen the item for sale well below MSRP.
These were privatised by a Conservative government in the 1980s, which, arguably, sold them – like the recent Royal Mail sale – well below their market value.
That beat expectations of a 1.1 percent drop, but sales remain well below historical averages.
But in most European countries, sales are well below precrisis levels and are continuing to fall.
Still, the pace of home sales remains well below healthy levels.
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