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Exact(27)
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.
And the pessimism of the previous week was fed in part by the weak profits reported by the first companies to announce their third-quarter financial results.
Similar(27)
BMW's sales rose by 11% in the third quarter, although high raw-material costs and pricing pressure resulted in weak net profits.
"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.
Archer Daniels Midland, Decatur, Ill., said it would immediately close a soybean-crushing plant in Brazil because of weak profit margins.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com