Sentence examples for slumping profit from inspiring English sources

THIRD-QUARTER EARNINGS Confronted by slumping profit and new capital requirements, Unicredit, the largest Italian bank, said that it would raise $10.3 billion and eliminate 5,200 jobs in Italy over the next few years.

A privately held Dutch clothing retailer, C&A, said it was pulling out of Britain after 78 years, closing all 113 stores and cutting 4,800 jobs because of slumping profit and sales.

As at Deutsche Bank and Commerzbank, Dresdner Bank is struggling with rising costs and slumping profit and had already announced reductions of 5,000 jobs, about 10percentt of the work force.

Add slumping profit to Best Buy's difficult first quarter: The struggling electronics retailer's net income tumbled 26% over the same period in which its CEO resigned, its chairman was replaced and its big-box store model was deemed lacking.

Analysts said the big discounts did not necessarily mean slumping profits.

The result has been slumping profits or big losses at many of the country's biggest retailers.

It forecast slumping profits for the rest of the year as well, and the price of Sony shares fell sharply.

If Verizon remains a traditional telecommunications company, it is likely to face years of eroding sales and slumping profits.

Now, the company is moving to lay off thousands of employees, in the face of slumping profits and a lackluster stock.

The company, hurt by slumping profits and a slowdown in its drug pipeline, has been under pressure to spin off its Merck-Medco subsidiary.

The company, which lost £869 million, or $1.4 billion, in its 2002 fiscal year, is selling acquisitions after slumping profits threatened loan agreements with banks.