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"We're getting weak profit reports and announcements of layoffs," he said, referring to financial companies.
Despite ongoing legal problems and weak profit, banks have continued to dole out rich rewards.
Stocks slumped as investors absorbed both the employment report and weak profit outlooks from some companies.
The result is that compensation over all continues to rise even as some shareholders press firms to cut costs further amid weak profit growth.
Sales abroad will help VW offset weak profit and underused assembly lines at home, Mr. St r said, but "the others will not be able to do that".
For almost a decade GM has sustained its sales volumes only by offering deep price discounts that eat into its already weak profit margins.
Similar(39)
Throughout the past decade, the airline has swung between big losses and weak profits.
Meanwhile, business investment, weighed down by excess capacity and weak profits, actually declined.
Right now, the corporate sector is cautious on investment because of weak profits and poor stock prices.
Many economists think that growth and inflation will be lower than the ECB expects, implying sluggish growth in nominal GDP and therefore weak profits.
The factors that led firms to cut back capital spending at home, such as scarce credit, weak profits and uncertainty about demand, also hurt cross-border investment.
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CEO of Professional Science Editing for Scientists @ prosciediting.com