They're cutting costs faster than people were expecting them to.
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Companies could react by cutting costs, which often means layoffs.
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Cutting costs has been the first response to this crisis.
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Part of the gain from digitisation lies in cutting costs.
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The limited overlap, though, will make cutting costs more difficult.
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There is talk of restructuring some French hypermarkets, cutting costs.
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Besides cutting costs, that could also save you some time.
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UBS' new plan is not much about cutting costs, though.
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Current approaches to cutting costs won't necessarily get us there.
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Sprint has sought to strengthen its balance sheet by cutting costs.
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Here are 9 practical tips for cutting costs, without sacrificing quality.
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Instead, they say, it's about cutting costs and getting profitable faster.
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The campaign was firing people and cutting costs from early on.
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Spanish banks have been cutting costs since a 2012 financial crisis.
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Cutting costs would help but alone could not bridge the gap.
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It spent the first years of its new life cutting costs.
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CUTTING COSTS, WHICH HAS BEEN A BIG PART OF THE STORY.
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Chief executives have been ruthless about cutting costs to boost profits.
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Cutting costs was easier than increasing revenues, and executives chose accordingly.
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Losing a million passengers Cutting costs is only half the battle.
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Its management tried to compete by closing stores and cutting costs.
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"Management has done a very good job of cutting costs," Bishop said.
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The news was they were cutting costs, and wanted to stop work.
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SpaceX has built its business strategy, in part, around cleverly cutting costs.
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One option might be for more to share networks, thereby cutting costs.
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Pendragon also said last month it expected a loss despite cutting costs.
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Nationwide, newspapers started cutting costs to preserve no-longer-sustainable profit margins.
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Tesla posted a surprise profit the old-fashioned way: by cutting costs.
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But Mr. Moynihan has also been playing catch-up on cutting costs.
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Adjusted for one-time expenses, Credit Suisse made progress on cutting costs.
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Investors hope he will boost profits by cutting costs and driving innovation.
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Still, analysts said that cutting costs will be difficult to do painlessly.
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They stop thinking about cutting costs and start thinking about world domination.
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He would then fire executives and staff members while sharply cutting costs.
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He set about cutting costs, including by laying off about 15,000 employees.
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Until now the rise of computers has democratised finance by cutting costs.
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Technology for giant farms is all about increasing yields and cutting costs.
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With industrial robots, Chinese companies hope to keep innovating while cutting costs.
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To be sure, modern mutual funds have made great strides in cutting costs.
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Deere was able to draw higher prices and also benefited from cutting costs.
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My company caters lunch every day, and it's so nice for cutting costs.
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Small provincial museums have often dealt with the financial squeeze by cutting costs.
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But then again, cutting costs to boost returns was hardly inventing the wheel.
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Michelin is cutting costs as it defends its premium pricing from intensifying competition.
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Beyond cutting costs, companies also see clean energy as a significant investment opportunity.
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P&G has been cutting costs and selling unprofitable brands to revive growth.
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Ecuador needs to keep cutting costs, said Perez, a former oilfield services executive.
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They are trying to drive shareholder value by cutting costs, not by growing.
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West encourages cutting costs by only attending the wedding itself, and that's it.
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They buy a brewer and try to make it work by cutting costs.
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But cutting costs from those bad deals should raise Campbell's valuation whatever happens.
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Automakers and suppliers are cutting costs so they can invest in new technology.
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Breakingviews Anheuser-Busch InBev's flair for cutting costs is being blunted by complexity.
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And MGM will keep cutting costs, and that's what we're hanging our hats on.
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Cutting costs and more profit for Ryanair all at the expense of customer safety.
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The 54-year-old earned praise from Vivendi and other investors for cutting costs.
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The point of cutting costs was to make goods affordable, not to compromise quality.
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He hopes to put that right chiefly by using old-fashioned means—cutting costs.
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Shops like B&H and MacMall are also cutting costs on the new computers.
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The airline has been cutting costs by closing some less popular routes, he said.
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That investment would be funded by cutting costs and seeking efficiencies across the business.
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He remains focused on improving the company's cash generation, as well as cutting costs.
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Valeant's business model was buying other drug firms, cutting costs and yanking up prices.
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For payers like Cigna, predictive precision medicine is the holy grail for cutting costs.
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Other major seasonal employers such as Macy's and Kohl's have focused on cutting costs.
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He announced plans for a corporate restructuring in October focused largely on cutting costs.
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The main gains would come from cutting costs and greater scale in retail banking.
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Credit Suisse outperformed its sector on news the Swiss bank was cutting costs further.
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Bigger turbines sweep a larger area and harness more wind, cutting costs per megawatt.
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The plan involves divesting businesses, cutting costs and ultimately returning $25 billion to shareholders.
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Some businesses are bracing by halting hiring, putting off expenses and otherwise cutting costs.
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Conservative policy experts have many ideas for cutting costs without cutting quality of service.
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Investors are already thinking about cutting costs, which can come from a few levers.
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In addition to cutting costs, the solar reactors sped up the chemical reactions tested.
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The acquisition will help the fintech expand its lending operations while also cutting costs.
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He added that the company is succeeding in cutting costs in the first quarter.
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Then, the scalpels come out and the combined company creates value by cutting costs.
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Still, the Queen has been known to save by cutting costs when she can.
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The company is aggressively cutting costs as part of its plan to reinvigorate growth.
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It can require suddenly cutting costs to become profitable before you run out of funding.
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Foxconn, your biggest manufacturing partner, is cutting costs and warning of a tough year ahead.
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Michelin is cutting costs as it responds to increasing competitive pressure from low-cost rivals.
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Poultry producers have been much more successful than producers of other meats at cutting costs.
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Tesla has also been cutting costs as it looks to turn in profits this year.
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Murray told CNBC that there was still more to do in terms of cutting costs.
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It could've focused on cutting costs, or lowering premiums, or getting closer to universal coverage.
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Wells Fargo shares, however, slipped 3.0% as the bank tempered its outlook for cutting costs.
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The automaker has since walked those plans back but appears to still be cutting costs.
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"We're cutting costs in every way, shape and form that we can," Van Assche said.
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Wells Fargo shares, however, slipped 3.1% as the bank tempered its outlook for cutting costs.
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It is already cutting costs and selling off some of its business to cut debt.
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The business mantra for years has been that cutting costs is the route to profitability.
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With an eye still on cutting costs, companies are nevertheless increasing their commitments to digital.
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I plan to increase my savings rate by cutting costs on travel and eating out.
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Progressive hospitals are addressing these needs, both driving improvements in patient health and cutting costs.
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Years of cutting costs to the bone have finally come back to haunt Kraft Heinz.
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Electronification may boost banks' debt capital market (DCM) earnings by cutting costs and increasing deal volumes.
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Sears Holdings management tried to compete by closing stores and cutting costs over the last decade.
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Rabah Arezki of the IMF says they have avoided bankruptcy by cutting costs to improve efficiency.
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That's because when oil prices crashed, they got creative in cutting costs and improving operating efficiency.
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The move is aimed at cutting costs and reducing Apple's reliance on Samsung, the Nikkei reported.
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But cutting costs also means moving away from the rotating design that Hall pioneered in 2005.
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Despite cutting costs, Monarch could not achieve the economies of scale to compete with its rivals.
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"You can't grow a technology company to success by cutting costs [as Yahoo is]," Meeks said.
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The company is also streamlining its operations and cutting costs as part of its restructuring program.
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Mr. Schwartz hailed the bank's success in cutting costs, which has helped the bank remain profitable.
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Copper miners have managed to keep producing in the face of low prices by cutting costs.
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So cutting costs on groceries can make a major difference throughout the course of the year.
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Somehow the immediate reward of "cutting costs" is more enticing than the uncertain reward of prevention.
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Dimon focused on cutting costs, all the while buying stock in the firms he worked with.
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Aramco getting ready for IPO, ADNOC really cutting costs, and already IPOed one of its subsidiaries.
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The company said it's on its way to reaching profitability by improving margin and cutting costs.
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They confounded OPEC by cutting costs and finding new ways to squeeze more oil from rock.
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Chriss had for some time tried to salvage the firm by cutting costs and refocusing resources.
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The focus, analysts and others say, has been cutting costs quickly to improve profits for Alden.
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But the company has struggled with both the changing tastes of shoppers and with cutting costs.
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Companies of every type are cutting costs by ditching long-term perks such as defined-benefit pensions.
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Now Musk is trying to jump-start Tesla's solar business with a simple strategy: Cutting costs. Sharply.
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McDonald's, for one, is in the middle of a restructuring aimed at raising productivity and cutting costs.
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Another attraction is cutting costs: spending on IT and sales can be scaled back; underperforming managers fired.
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He helped turn the organization around by cutting costs and getting more money from the federal government.
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Norwegian has curbed its rapid growth this year to focus on cutting costs and turning a profit.
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Trian has reportedly held discussions with the money management firm about cutting costs and improving profit margins.
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She was working at Stanford University, responsible for alumni events and given the task of cutting costs.
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The company also got creative with monetizing intellectual property and aggressive with cutting costs that helped margins.
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Until a couple of years ago, says Mr Brear, banks concentrated on cutting costs and simplifying processes.
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While Carl and Mindy made several smart investments, cutting costs was also crucial to achieving their goal.
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It was an unexpected move from a company that has traditionally been more concerned with cutting costs.
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Lundbeck's share price more than tripled under Schultz, who returned the company to profit by cutting costs.
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The company has been cutting costs amid a sales decline that has lasted for five straight quarters.
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Pemex had a roughly $22014 billion third quarter loss, and it has been cutting costs and workers.
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The firm has focused on cutting costs amid expectations that the low oil price environment will continue.
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He has been selling assets and cutting costs since his arrival at the bank in mid-2016.
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Since hiring new CEO Jim Hackett, Ford is cutting costs and shaking up the senior leadership team.
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The revival plan ... was as much about future growth [accelerating] as it was about cutting costs [braking].
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Uber's CEO told employees that he's cutting costs like 'anniversary balloons' as nervous engineers worry about layoffs.
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There are other applications that categorize your spending to help summarize where you could be cutting costs.
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His message to her was that the bank is cutting costs and "rightsizing" its global investment bank.
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They described the layoffs as a "desperate" bid to make the business appear stronger by cutting costs.
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In addition to a penchant for buying undervalued assets, Mr. Drahi has a reputation for cutting costs.
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Airlines around the world are cancelling flights and cutting costs to mitigate the impact of the coronavirus.
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But they are moving forward now with stripped-down projects featuring standardized designs aimed at cutting costs.
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Regulators worried that Broadcom would suffocate research and development at Qualcomm given its history of cutting costs.
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The company also has a penchant for efficiency, unafraid of cutting costs to make business run smoothly.
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By maximizing use of its Atlanta hub, expanding its international reach, and cutting costs, Delta bounced back.
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By taking a bad approach to cutting costs, IPAB would actually increase them in the long run.
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Nuclear plants have had difficulties cutting costs amid strong competition from cheap natural gas and renewable energy.
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Are there no other ways of cutting costs than to sabotage the very purpose of legitimate journalism?
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I have very good experience on that - on being more efficient every year, which doesn't mean cutting costs.
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As for , he said the company has done a solid job in cutting costs and channeling its focus.
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It could thus work with a diameter of four metres, cutting costs by as much as three-quarters.
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If you have six people eat it, if you're cutting costs or whatever, it's 22013 bucks a person.
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He tackles his industry more like a private-equity boss, finding firms that are bloated and cutting costs.
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NS, India's leading electric goods maker, GST has meant cutting costs by 4-0003 percentage points, for example.
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Although chief executives publicly extol the broad benefits AI will bring, their main interest lies in cutting costs.
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That represents more of a change in strategy as opposed to a broad-based approach to cutting costs.
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With production costs rising amid limited demand for its products, Changchun Shengda is now cutting costs to survive.
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U.S. farmers are cutting costs any way they can to compete against cheaper producers in Argentina and Brazil.
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He has since reversed that policy, putting pressure on the bank to find other ways of cutting costs.
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By cutting costs and scaling back on production, miners and oil producers are trying to manage the shift.
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Most importantly, he has taken on Aldi and Lidl at their own game, lowering prices and cutting costs.
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However, taken too far, cutting costs could have a negative impact on your relationships and your bottom line.
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They're also worried about Broadcom's reputation of cutting costs rather than investing in new technology, the people said.
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It tried to compete by closing stores and cutting costs, failing to invest in their upkeep and modernization.
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"They're not cutting costs fast enough to keep ahead of revenue declines," said Paul Miller, FBR Capital Markets.
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To battle revenue loss, the company has been cutting costs, simplifying its line of products and streamlining manufacturing.
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This proposal invites disaster because the private owners will be cutting costs at every turn to maximize profits.
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The industry has been "laser-focused" on cutting costs and is now more disciplined and less free-spending.
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But the bank achieved the results by cutting costs, while lending in many parts of its business declined.
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Firms on monthly user subscriptions are cutting costs there Finding ways to cut costs significantly can be difficult.
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Most large companies that file for bankruptcy end up paring their debts, cutting costs and continuing to operate.
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Drew also pointed out that cutting costs when you're renovating can lead to problems in the long-run.
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Foxtons has been cutting costs and focusing on investments in digital channels and technology to offset the impact.
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"This was less about cutting costs and more about maximizing the facilities we have in Birmingham," he said.
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Sales have slowed as economic growth worldwide has slowed, putting the spotlight on cutting costs to drive profits.
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He wants Petrobras to focus on cutting costs as much as other Latin American oil companies are doing.
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Serco has focused on winning business abroad and cutting costs, allowing it to weather the storm in outsourcing.
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They're cutting costs, disrupting markets with innovative inputs, processes and products, attracting top talent and strengthening their brands.
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Analysts at KBW said the results were "average", with questions about the bank's ability to keep cutting costs.
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LONDON — Ryanair, Europe's biggest budget airline, built itself into a juggernaut by aggressively cutting costs at every opportunity.
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Yes, but: Cutting costs is politically difficult, but polls show it's voters' top health care priority — above expanding coverage.
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Zurich, Europe's fifth-biggest insurer, is in the middle of a major overhaul focused on streamlining and cutting costs.
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The company, which is also cutting costs, is unveiling a fully self-driving concept car at the Geneva show.
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In recent years Norsk Hydro has been working on cutting costs to counter the effect of low aluminium prices.
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However, Solugen's pilot project cost just $7,000 at small scale, cutting costs on the product and on shipping costs.
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It finally returned to break even last year after cutting costs, accepting state funds and making peace with unions.
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Musk said the company is cutting costs everywhere in hopes of offering a cheaper Model 3 to the masses.
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P.S. If you want to preserve cash without cutting costs, here are 5 cash flow hacks for SaaS startups.
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CEO Brian Moynihan has focused on cutting costs while looking for profit opportunities that fit his "responsible growth" mantra.
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Cutting costs and boosting profits to shore up balance-sheets is one way of insuring against a turbulent future.
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Sprint has been focused on cutting costs and has realized more than $1.1 billion in savings year to date.
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The Palo Alto, California-based company has been cutting costs as it looks to turn in profit this year.
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In recent weeks, Burberry has embarked on a £20m efficiency drive, cutting costs such as hiring, travel and expenses.
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Mizuho analyst Jeremy Scott said soybeans will be stranded on the U.S. market, cutting costs for U.S. meat companies.
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But besides cutting costs on opulent show stands, manufacturers are increasingly courting buyers through blogs and web-based events.
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Another conventional critique levelled by Moritz is that PE destroys millions of jobs when cutting costs at portfolio companies.
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Jenisch has been concentrating on North America and Europe and cutting costs, closing offices in Zurich, Miami and Paris.
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The company is cutting costs as its underwriting business struggles with falling rates for commercial property and casualty insurance.
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Trump has often failed to mention that distinction -- instead highlighting his personal role in cutting costs on the embassy.
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"Cutting costs by sharing vehicle architectures and manufacturing facilities is just table stakes in this new world," she added.
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AIG is midway through the plan, which involves divesting businesses, cutting costs and ultimately returning $25 billion to shareholders.
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These companies usually charge extra for traditionally included amenities, like reserving your seat, while cutting costs wherever they can.
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American, United and Delta pointed to strong cash positions and said they were cutting costs to offset lost bookings.
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As games are cancelled or postponed, sports-betting companies are cutting costs to keep their companies from going under.
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The first phase, after InBev's 22 takeover of Anheuser-Busch, was aimed at cutting costs and paying off debt.
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NeoPhotonics, which has presented a plan to analysts for cutting costs and is evaluating its options, declined to comment.
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The company wants to ensure business continuity to deliver its bakery products, but it is cutting costs and jobs.
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Earlier on Tuesday, an Audi spokesman had said that talks with labour representatives on cutting costs were making progress.
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"We see many opportunities for market share expansion," Lorens said, adding the company was also focused on cutting costs.
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Environment minister Francois de Rugy, also interviewed on Europe 1, responded by saying EDF should focus on cutting costs.
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New CEO Mitch Slape announced a turnaround plan in January aimed at cutting costs and boosting sales and margins.
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Earlier on Tuesday, an Audi spokesman had said that talks with labor representatives on cutting costs were making progress.
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Sears has been in the midst of a turnaround plan that includes shuttering unprofitable stores and aggressively cutting costs.
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Duperreault has focused on sharpening underwriting, doing more with worthwhile customers, investing in technology, restoring talent and cutting costs.
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Bajwa told the seminar that the military was doing its bit to confront the economic challenges by cutting costs.
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Sprint has sought to strengthen its balance sheet by cutting costs and mortgaging a portion of its airwaves and equipment.
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FED'S BARKIN SAYS HIGHLY INDEBTED COMPANIES HAVE A BIAS TO REACT TO NEGATIVE NEWS BY CUTTING COSTS AND REDUCING STAFF
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To save cash, retailers have been cutting costs and looking to make more money from their sprawling real estate assets.
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Ford is restructuring its business, which will include cutting costs by $24 billion by 242 and overhauling its product lineup.
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We're cutting costs to be a lot more efficient," said Marcelo Claure, Sprint CEO, on CNBC's "Squawk on the Street.
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Usually, say the report's authors, software is introduced into these domains with the purpose of cutting costs and increasing efficiency.
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Cutting costs out of Best Buy's business has been one of Joly's biggest priorities since he arrived four years ago.
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Profitability could be squeezed as a result, although banks could try to offset this by increasing fees and cutting costs.
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Boeing is cutting costs to boost profit margins and compete for orders against European rival Airbus amid slowing jetliner sales.
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The automaker's ongoing restructuring includes cutting costs and overhauling its product lineup in key global markets like China and Europe.
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J.P. Morgan and Bank of America are expanding their branch networks to new geographies and Wells Fargo is cutting costs.
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Meanwhile, the founders of Snapdeal are cutting costs and headcount; an email to employees admits errors in executing its strategy.
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OPAP, which has been cutting costs to offset that, said conditions will remain difficult for the rest of the year.
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The company also boosted margins in that segment by cutting costs and maximizing equipment usage, Miller said on a conference.
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Cutting costs further and boosting the operating margin to 20 percent could push the share price to well over $50.
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Cutting costs "has seen a sharp increase in the number of students who have since joined the school", Karisa said.
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"The plan will be the same in terms of cutting costs an getting leaner," Edward Jones analyst Kyle Sanders said.
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Bridging that gap means cutting costs wherever savings can be found, as Mr. McDonough suggested at the meeting with analysts.
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Don't think of cutting costs as a forced financial diet, think of it as opportunities you are funding in advance.
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Sprint is in the middle of a turnaround plan and has sought to strengthen its balance sheet by cutting costs.
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China plans retaliation in kind, and U.S. businesses are bracing by halting hiring, putting off expenses and otherwise cutting costs.
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Meanwhile, Ethan Allen's management has struggled to turn its own business around, cutting costs here and there to no avail.
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But earlier on Tuesday, an Audi spokesman had said that talks with labor representatives on cutting costs were making progress.
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Kraft Heinz will do the math on other targets where it can create value by cutting costs and increasing margins.
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Christian Sewing, the CEO of Deutsche Bank, is cutting costs and reducing the company's headcount as part of an overhaul.
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The holy grail in health care now is to harness patient data to improve patient care while also cutting costs.
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But earlier on Tuesday, an Audi spokesman had said that talks with labour representatives on cutting costs were making progress.
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Babcock has also been cutting costs to offset difficult operating conditions but questions over management and strategy have plagued it.
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The global slowdown in mining and construction activity has cut demand for Caterpillar's products and the company has been cutting costs.
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"In 2018 we aim to continue the work we began last year, an agenda of digitalisation and cutting costs," he said.
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The former industrial powerhouse has foundered in several key markets in recent years and is aggressively cutting costs and selling businesses.
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" In cutting costs, it also notes that high-power spy satellites can "empower smaller fleets to cover a wide ocean space.
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However, some analysts view this as a means of the bank cutting costs rather than a move dictated by the DOJ.
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The company isn't planning further restructuring but will keep cutting costs aggressively, Chief Executive Dennis Muilenburg said on a conference call.
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Part of Wells Fargo's earnings beat was driven by cutting costs, with net interest expenses declining 4% from a year ago.
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But when airlines started cutting costs by cutting economy passengers' personal space, airplane cabins went from somewhat uncomfortable to basically unbearable.
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Passporting allows for any financial firm to serve the whole EU region from a single base, cutting costs and red tape.
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Metro Chief Executive Olaf Koch underlined in an interview with Sueddeutsche Zeitung the importance of cutting costs at hypermarket chain Real.
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This could be about fiscal responsibility and cutting costs or it could be about reducing its workforce ahead of the acquisition.
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Michelin, based in Clermont-Ferrand, central France, is cutting costs as it responds to competitive pressure from low-cost Chinese rivals.
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Potash Corp and Agrium agreed to merge last September to navigate a severe industry slump by boosting efficiency and cutting costs.
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Signa restructured Karstadt by realigning its offerings closer to the tastes of German consumers, cutting costs and making operations more efficient.
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U.S. officials said Lockheed Martin has made progress on cutting costs since a major restructuring of F-35 production in 2010.
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The company said it aims to double overall sales in a decade, and drive faster growth in profits by cutting costs.
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Meanwhile, Natalie (Anna Kendrick) is the bright young upstart at his company who proposes cutting costs by firing people via videoconferences.
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Meanwhile, Natalie (Anna Kendrick) is the bright young upstart at his company who proposes cutting costs by firing people via videoconference.
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Like Travis Perkins, rival SIG has focused on streamlining operations and cutting costs amid long-running weakness in European construction markets.
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While waiting for the deal, Yahoo's management has focused on cutting costs, eliminating more than 2,100 jobs in the last year.
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On Monday, Pemsel said that the staff cuts were purely about cutting costs, not about a strategic restructuring of the business.
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Occidental has been selling assets and cutting costs since it outbid Chevron Corp for Anadarko, quadrupling its debt to $40 billion.
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PepsiCo, AB InBev, P&G and Kraft have all been cutting costs — but all are shelling out for ads on Sunday.
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Paramount has tried to stay in the game by cutting costs and bringing in outside financing partners, including several from China.
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Vahdat said that one area in which AI could be hugely beneficial in improving efficiency and cutting costs was cardiological care.
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At some locations, Laureate has been accused of boosting enrollment and cutting costs, rather than trying to ensure a good education.
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The larger lenders, Intesa Sanpaolo and UniCredit, have done more to shore up profitability by cutting costs and selling non-performing loans.
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Shortfalls in the meantime mean cutting costs, as Condé Nast is required by its parent company, Advance Publications, to show a profit.
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But cutting costs when you cut the cord with WatchTV also means sacrificing some of the most convenient features of its competitors.
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Its top bank supervisors, Sabine Lautenschlaeger and Daniele Nouy, have insisted banks should focus on fee-based business and on cutting costs.
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Bethenny Frankel was all about cutting costs when it came to the apartment she renovated with pal and luxury realtor Fredrik Eklund.
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Commerzbank, which is still partially state-owned after a bailout during the financial crisis, has been cutting costs and investing in technology.
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They have tried to cope by cutting costs through store closures, managing inventory better and squeezing more out of their real estate.
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Ford is restructuring its business, which includes cutting costs and overhauling its product lineup in key global markets, including China and Europe.
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Companies hoarding cash and cutting costs is a sign of slowing economic activity which will later become evident in the U.S. economy.
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It is clear that Marissa Mayer, Yahoo's chief executive, would prefer her own self-help plan of cutting costs, businesses and employees.
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Cutting costs—for instance by closing branches—might take out 30% of Commerzbank's cost base, according to Magdalena Stoklosa of Morgan Stanley.
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P&G, which has been cutting costs and selling off brands, reported net sales last quarter that were flat at $16.08 billion.
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Twitter advised investors late last year that it was closing in on its first profitable quarter in large part by cutting costs.
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Norfolk Southern has worked hard on cutting costs this year by focusing on both cost efficiency and productivity whereever possible, Squires added.
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Other asset managers have also been cutting costs this year because of outflows from active funds, pressure on fees and volatile markets.
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The store chain, which largely caters to low- to middle-income customers, has been cutting costs by closing underperforming stores this year.
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In other words, airlines are still cutting costs with bare-bones service and still trying to wring extra cash out of flyers.
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Part of that is cyclical: global banks and insurance firms, which are big customers, are cutting costs where they can, for example.
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Meanwhile, Sprint keeps losing money — staying in business by selling junk bonds and aggressively cutting costs in an effort to regain profitability.
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Donnet, appointed CEO last year, is cutting costs and focusing on cash generation and the retail business to improve returns at Generali.
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Culp is working on turning around GE's fortunes as he focuses on improving the company's cash generation, as well as cutting costs.
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The US is the biggest contributor to UN peacekeeping, though Haley has focused on cutting costs of UN peacekeeping since taking office.
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These don't have to be installed or supported by banks themselves, further cutting costs and increasing flexibility as new innovations are created.
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Of note, several of Japan's largest banks said they would be cutting costs by reducing headcount or turning to automation, Reuters said.
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LendingClub, which serves individuals, and OnDeck, which caters to small businesses, are cutting costs and trying to attract borrowers with better credit.
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That has prompted SoftBank, under its president, Nikesh Arora, to focus on cutting costs and shedding debt in its "SoftBank 2.0" strategy.
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For example, he allows TAG Heuer's international sales teams to travel first class, while other brands are cutting costs by flying economy.
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The bank has also been cutting costs by shuttering data centers and moving information to less costly systems run by technology firms.
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ADM and Cargill have been cutting costs and restructuring operations in recent years as a global glut of grain has squeezed margins.
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As chief executive of Malaysia Airlines in 2006, he returned the national carrier to profitability by cutting costs and thousands of jobs.
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Some are biding their time, cutting costs and focusing on smaller sports like horse racing, rugby, local soccer matches, and even politics.
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The private prison operator, unlike the government, has a strong financial incentive to invest in new methods and processes for cutting costs.
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Since Akeroyd's appointment in 2016, Versace has been working on streamlining its management structure, cutting costs and pushing to increase sales online.
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"If just the outside is finished, but the underneath looks like a different material, the manufacturer is cutting costs," Mr. Dyer suggested.
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McDonald's Corp pulled out of its long-term Olympics sponsorship in 2017 when the restaurant chain was overhauling operations and cutting costs.
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This neat packaging of all that technology makes it possible to power multiple vehicles using the same adaptable platform, thereby cutting costs.
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Facing a deficit that is now about $15 million, the Met has been looking to raise revenue in addition to cutting costs.
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The firm upgraded GE shares to "overweight" from neutral and predicted Culp will be more aggressive in cutting costs at GE Power.
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For now, Mr. Peltz has emphasized cutting costs and trimming the layers of management bureaucracy at Procter & Gamble, but not much else.
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Occidental has been selling assets and cutting costs since its it outbid Chevron Corp for Anadarko, taking on $40 billion in debt.
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Whitman has since stepped down from the board of , to focus on cutting costs and growing HPE's enterprise, software and services business.
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GMA has kept up its spending even as its members are cutting costs and laying off workers to meet their quarterly targets.
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Occidental has been selling assets and cutting costs since it outbid Chevron last year for Anadarko, quadrupling its debt to $40 billion.
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Having rescued Renault, Ghosn set about cutting costs and laying off workers at Nissan, which Japanese executives had been reluctant to do.
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Democrats pointed fingers at Snyder and Michigan officials, suggesting that a focus on cutting costs came at the expense of public health.
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Mondelez, since separating from Kraft in 2012, has also focused on its profit margins by cutting costs through internal controls and divestitures.
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Like its peers, Lamprell has been cutting costs as oil explorers have slashed spending and cancelled contracts to counter weak oil prices.
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The Korean government has set a target of controlling 30 percent of the global market in 2020, while cutting costs by half.
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The city's plan for mending its finances involves cutting costs by folding its fire department into San Bernardino County's fire services district.
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But the technological and competitive pressures ahead explain why automakers are making radical changes, cutting costs and forming alliances with other companies.
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The company has been selling assets and cutting costs since it outbid Chevron Corp for Anadarko, quadrupling its debt to $40 billion.
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So Eckhart has focused on cutting costs, including rolling out a new U.S. purchasing system for raw materials, CEO Andrew Storm said.
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Most Democratic presidential candidates support at least some form of "debt-free" college, which can mean free tuition — or simply cutting costs.
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U.S. officials said the F-35 program has made progress on cutting costs, schedule and technical issues since a major restructuring in 2010.
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So far, consumer companies have largely been able to manage their challenges by cutting costs to grow earnings, in lieu of growing sales.
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The move is part of efforts to focus more on emerging economies while cutting costs to counter squeezed margins in mature European markets.
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The junior senator from California has indicated support for "debt-free college" — which can mean anything from free tuition to simply cutting costs.
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"I think the obsession for efficiency has to be much bigger than the obsession for cutting costs," Patricio, 52, told Reuters on Monday.
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The company also benefited from raising its prices and cutting costs, as well as unseasonably warm weather at the end of last year.
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Deutsche's boss, John Cryan, is cutting costs, shedding assets (including a 20% stake in a Chinese bank, Hua Xia) and rallying the troops.
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Geneva-based STMicro is rebounding from earlier setbacks this decade after narrowing its product portfolio, cutting costs and reorganizing production at its factories.
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Most parents have limited options for cutting costs other than drawing on help from family, sharing caregivers, compromising quality and having fewer children.
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To address the weakness in the unit, it is cutting costs, slashing its workforce and reducing its footprint to serve a smaller market.
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In the past, private equity buyers were more focused on cutting costs in favor of profits, often leading to big cuts in headcount.
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Dubbed "Polaris," the new plan is aimed at cutting costs and driving growth to generate gross savings of $1.5 billion annually by 2022.
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Alden's strategy follows a pattern: It typically buys newspapers at a bargain — it purchased The Herald for roughly $12 million — before cutting costs.
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The letter focused on the company's aims to improve GE's cash generation, while also cutting costs, and eventually restoring the once-treasured dividend.
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It has said in the past that the Airbus jets do not make economic sense at a time when it is cutting costs.
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Instead of cutting costs by laying off staff, Mr. Grove demanded that Intel employees work an extra two hours a day — for free.
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The bottom line: Cutting costs does nothing to improve brand value, as Unilever knew in 2017 and as Kraft Heinz has now discovered.
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It's the latest business that GE is saying goodbye to as it races to pay down debt by raising cash and cutting costs.
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Investors are now backing away from the region, and many of those same companies are now cutting costs as quickly as they can.
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Though the freeze could expire before the act would take effect, a focus on cutting costs could still cut down on new hires.
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Broadcom has been built as a serial acquirer with a reputation for cutting costs to lift the profits of the companies it buys.
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The company said it was cutting costs to deal with the crisis by trying to renegotiate rents, restricting travel and reducing discretionary spending.
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The takeaway: Buying solar for your home was once about sourcing green energy or cutting costs, but now it's largely about energy security.
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Since he took over, Mr. Flannery has been cutting costs and shedding operations in a push to create a "simpler and stronger" company.
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Alden runs the newspapers at a high profit margin while cutting costs significantly, often through layoffs, and the Denver crew has lost patience.
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Some analysts and people who have done business with Sycamore have criticized it for excessively cutting costs and engaging in risky financial maneuvers.
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Second, he's more focused on boosting UBS's main wealth-management business, and so is wary of sacrificing growth by cutting costs too aggressively.
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These came as most miners were cutting costs and making divestments to repair their balance sheets after a steep decline in commodities prices.
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Sharp has been deepening co-operation with its parent Foxconn, the world's largest contract electronics manufacturer, while cutting costs and consolidating production lines.
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The company has responded to the downturn by cutting costs and exiting low margin and risky projects such as construction and offshore wind generation.
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Instead of concentrating on their core goal, they pay attention to narrower measures like cutting costs, or reducing the inconvenience suffered by their staff.
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Acacia prides itself on having continued to invest when other miners focused almost exclusively on cutting costs and says it is seeing the results.
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Sherman said the company can turn itself around by cutting costs and focusing on the core elements of the business that are still succeeding.
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Drugs that were opened and in possession of one patient can now be used to help those in need, reducing waste and cutting costs.
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Ford has launched a long restructuring of its business that will include cutting costs by $11 billion by 2021 and overhauling its product lineup.
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The International Olympic Committee (IOC) is keen for Tokyo to set a good example by cutting costs in order to attract future candidate cities.
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The Austrian group is streamlining its portfolio and cutting costs after a turbulent year in which large parcels of its shares have changed hands.
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His prime task will be to keep on track an economic rebound after years of recession, while cutting costs to meet stringent deficit targets.
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The answer, according to the companies, are the megaturbines, which would sweep a far bigger area and harness more wind, cutting costs per megawatt.
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On April 3rd it set out plans to lift its ROTE from 11.7% last year to 13-15% by cutting costs and exploiting digitisation.
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After a management reshuffle last year, Naturgy has focused on cutting costs and moving out of countries including Colombia, Italy, Moldova and South Africa.
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That B2B shift also has translated to cutting costs and streamlining particularly in "areas where we had bulked up" to launch the consumer product.
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After years of trying to save Liberty by cutting costs, Falwell Jr. said, he adopted his father's vision of saving it through increasing revenues.
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G-III said it continues to make progress in cutting costs and that its strong brand portfolio is performing well in a challenging environment.
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The Canadian carrier increased the number of seats to 2350 per row in economy class, cutting costs by 270 percent in a single stroke.
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On paper, GM's decision to idle the Lordstown plant and four other facilities makes sense and will help GM's bottom line by cutting costs.
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Profits at the Dutch sister company KLM, which has succeeded in cutting costs, rose in the first quarter, contrasting with losses at Air France.
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Luckily, more brands are (slowly but surely) starting to inhabit the gray area in between the two — meaning they're cutting costs without sacrificing quality.
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The airline's losses, blamed on a large workforce and an aging fleet, prompted a turnaround plan that includes cutting costs and cancelling unprofitable routes.
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National Oilwell, which has been cutting costs to counter falling orders, said on Wednesday it laid off 230 percent of its workforce in 2015.
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That's why Waymo has focused on reducing the size and price of its lidar system, reportedly cutting costs by as much as 90 percent.
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Comcast reckons it can add about 400 million pounds a year to Sky's bottom line through a combination of cutting costs and boosting revenue.
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FGV had grappled with management shakeups and allegations of corruption in recent years, and is currently cutting costs by trimming staff and divesting assets.
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Its recent move from direct-to-store delivery to a warehouse system was aimed at cutting costs and adapting to e-commerce distribution models.
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It had predicted solid growth this year after weathering a tough period for British outsourcers by cutting costs and focusing on its core businesses.
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As its sales declined — nearly a percentage point from 2016 to 2017, according to FactSet — pressure to increase EBITDA through cutting costs ramped up.
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From cutting costs to growing sales Mondelez International (MDLZ) has only existed as an independent company since 2012, when it split from Kraft Foods.
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Even if an airline were cutting costs, the damage it risks to its brand by knowingly flying an unsafe plane could also be ruinous.
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They could be pioneering new ways of melding data and marketing; building in-house capabilities; creatively reaching consumers; or cutting costs in new ways.
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Europe's third-largest budget carrier by passengers flown has curbed its rapid growth this year to focus on cutting costs and turning a profit.
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The bonuses are doled out based on a series of performance benchmarks, the Star-Tribune reported, including cutting costs and the company's cash position.
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Airlines in the US and around the world are cancelling flights, reducing service, and cutting costs, as coronavirus fears lead to plummeting travel demand.
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And they create legal risks for any arrangement in which a hospital pays a bonus to doctors for cutting costs or achieving clinical goals.
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But in some cases, outcomes may not be equal, and it seems we should make sure we're not cutting quality when we're cutting costs.
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We were two years into our debt-free journey at that point, and we had scrimped and saved, cutting costs as much as possible.
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Those efforts include cutting costs, putting in place a comprehensive re-insurance plan, changing key management teams and selling non-core or underperforming businesses.
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Since a management reshuffle in 2018, Naturgy has focused on cutting costs and moving out of countries including Colombia, Italy, Moldova and South Africa.
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Banks have been searching high and low for opportunities to increase revenue, in the meantime cutting costs to keep profits as buoyant as possible.
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"The private sector is good at cutting costs and finding ways to save money," Oliver Hart, a professor of economics at Harvard, told me.
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Some of the employees who were let go described the layoffs as a "desperate" attempt to make the business appear stronger by cutting costs.
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Reducing gun violence and improving the healthcare system by cutting costs and the number of those without insurance tie for fourth with 2628 percent.
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In a bid to return to profitability, the department store chain has been trimming its real estate portfolio, cutting costs and seeking additional liquidity.
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The restructuring focuses on addressing five core areas of the business: targeting growth, raising capital levels, addressing legacy issues, cutting costs and reducing risk.
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The publisher of Sports Illustrated, People and Time magazines has been cutting costs, tapping revenue sources with higher margins and beefing up its digital offerings.
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Increasing income isn't always as easy as cutting costs, but most people don't work more than 40 hours a week, they said on Torabi's podcast.
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A major issue for banks is "passporting", which allows for financial firms to serve the EU from a single base, cutting costs and red tape.
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However, the company was able to make improvements, cutting costs faster than expected and the predicted decline in business was not as steep as feared.
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As the company's sales declined — nearly a percentage point from 10 to 224, according to FactSet — pressure to increase EBITDA through cutting costs ramped up.
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Maquiladoras are used to cutting costs and can do so again, by automating, generating their own electricity and using local suppliers, the factory manager says.
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Brazilian private equity firm 3G Capital built its reputation by scooping up iconic consumer brands, aggressively cutting costs and using those savings to fund acquisitions.
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Some operators responded to the minimum wage increases by cutting costs, with 64% saying they reduced employee hours, and 43 percent saying they eliminated jobs.
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Shell should also be able to pick the cream of the two companies' exploration portfolios, selling off assets with less profit potential and cutting costs.
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The group, which has been on a shopping spree lately, said it would focus on cutting costs and integrating recently bought companies in coming months.
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Accor, with close to 4,800 hotels in 100 countries, has been cutting costs, and expanding in Asia and in the luxury end of the market.
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The bank's CEO of consumer and community banking, Gordon Smith, told CNBC's "Worldwide Exchange " that the bank is working on cutting costs from its structure.
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They're putting special focus on steering the Senate away from the House Medicaid cuts and toward softer approaches to cutting costs — especially Medicaid managed care.
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The move is part of efforts to focus on emerging economies to boost profitability while cutting costs to counter squeezed margins in mature European markets.
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Passporting is the ability under EU rules for any financial firm to serve the whole region from a single base, cutting costs and red tape.
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The company's founder, Elon Musk, has long promulgated the importance of reusable rockets and spacecraft, mainly as a way of cutting costs associated with launch.
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The move in Mexico is part of efforts to increase focus on emerging economies while cutting costs to counter squeezed margins in mature European markets.
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Under the leadership of Bloom, who has been CEO since August 2016, Fred's has been cutting costs and closing underperforming stores to revive declining sales.
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Former CFO Kelly Steckelberg became CEO, but despite cutting costs with a layoff of 15% of the company in January 2015, Zoosk continued to sink.
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Britain is against capping bonuses, arguing it has pushed up fixed pay, making banks less nimble in cutting costs in a downturn, but was outvoted.
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In his prime, he was a master at cutting costs — and that skill may have led him to adopt the pink boxes we see today.
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News first circulated in August that Russia was considering reducing its crew complement on the ISS as a way of cutting costs and increasing efficiency.
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The company has also been cutting costs by shipping more products by sea instead of air freight and by renegotiating vendor contracts for cheaper prices.
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Amid a corporate turnover, new CEO John Flannery can now turn to Trian for help reversing the company's blunders, cutting costs and restoring the dividend.
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Amid rising competition from upstarts such as online lender Banco Inter SA and card processors StoneCo Ltd and PagSeguro Digital Ltd, Itau is cutting costs.
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Companies bolstered profits by cutting costs — including the cost of labor — and they got away with it because unemployment was high and jobs were scarce.
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Revenues have been falling for several years now as Serco concentrates on cutting costs to double its profitability margin to 5 percent from current levels.
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It is unclear whether the plan Mayer is expected to announce would satisfy their demands, but cutting costs could make Yahoo more attractive to buyers.
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This idea utilizes market forces by reducing prices for consumers with healthy habits and cutting costs to insurers by encouraging their customers to become healthier.
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He also isolated another major flaw in the business: Travis, with his eye fixed on cutting costs, often rushed out unfinished and cheaply made products.
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But it allows Ford to remain in its most profitable businesses in Europe while cutting costs and pulling out of areas where it is failing.
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Instead of cutting costs by laying off staff, Mr. Grove demanded that Intel employees work an extra two hours a day — for no extra pay.
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But the problems accelerated, as Lampert and other management tried to turn things around by closing stores and cutting costs, rather than investing in stores.
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With the government cutting costs, Saudis who could once count on secure state jobs must now compete for more demanding ones in the private sector.
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"Many times you rely on yourself," said Tan, chief executive of Asia Polyurethane Manufacturing, which is cutting costs as customers in China hold back orders.
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Mr. Hackett has been cutting costs in a push to increase profits in the face of slowing sales, especially in Europe, South America and Asia.
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Tan also has a history of cutting costs at acquired companies, and Charter Equity analyst Ed Snyder predicted Tan would cut away waste at Qualcomm.
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Cineworld said it has measures at its disposal to reduce the impact on its business from the outbreak, including postponing its spending and cutting costs.
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He was also happy to get a roof overhead in Prague from Urrutia and Quinteros, who invited Walkow to share their apartment, significantly cutting costs.
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He's also been instrumental in cutting costs, according to Reuters, through the outsourcing of handset production to better compete with Chinese handset makers like Huawei.
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With sales now slowing and recoveries in some cases lagging initial projections, players are looking to grow in size to buttress profits by cutting costs.
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If another recession hits, she's determined to keep up with her retirement contributions, even if it means finding other streams of income or cutting costs.
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By his actions, Kim seemed to be trapped between the Trump administration's priorities in cutting costs and the expenses of fulfilling the bank's global mission.
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The money left over from cutting costs could be used for an emergency savings account, but you can also focus on more long-term goals.
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Management said on Tuesday that it's also beginning to see benefits from initiatives in place with the goals of better managing inventory and cutting costs.
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It's the latest sign that the troubled company is cutting costs by offloading the plethora of business it rapidly acquired in the past few years.
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Retailers are still interested in cashless options in terms of cutting costs and meeting consumer needs, even if a fully cashless environment remains elusive and unrealistic.
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If it grows too strong, they are likely to start cutting costs — crimping wages and investment, which experts see as vital to helping the economy rebound.
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Potash Corp and fellow Canadian fertilizer producer Agrium Inc agreed to combine in September to navigate a severe industry slump by boosting efficiency and cutting costs.
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Beyond cutting costs and improving efficiency, they now sell the world's first officially certified carbon neutral coffee for which farmers hope customers will pay a premium.
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Cramer attributed the decoupling to oil companies cutting costs, the recent OPEC agreement, potential takeovers and mergers in the oil patch and analysts downgrading the stocks.
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The company also said it's closely working with "key lenders" to align its debt with its business needs and is cutting costs by reducing its workforce.
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But Hutchison argues that by cutting costs the new combination of WIND and 3 Italia would be a more effective competitor against Telecom Italia and Vodafone.
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Vattenfall has spent recent years cutting costs in the wake of a financially disastrous expansion out of its Nordic home market that resulted in huge writedowns.
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ECB supervisors also say banks need to adapt their businesses to the low rates, cutting costs and focusing more on fees and less on interest income.
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Those differences stemmed from Flint's softer approach to cutting costs and setting revenue targets for senior managers to boost profit growth, according to the Reuters report.
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To save on grass cutting costs and to create a more parklike appearance in the cemetery, officials decided during the Great Depression to alter the headstones.
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In addition to being jarringly inconsistent about regulatory cost-cutting, the new administration hasn't realized that there's more to pro-growth regulatory reform than cutting costs.
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Revenue did miss estimates as Walgreens navigates a "challenging retail sales environment," but it said it is making progress in cutting costs and implementing other efficiencies.
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Cutting costs, Crocs also closed 16 stores in the quarter and agreed to transfer 24 company-operated stores to distributors in China and the Middle East.
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Thompson said this new strategy makes The New York Times comparable to a company like Netflix while competing newspapers focus far too much on cutting costs.
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The companies have also privately expressed concerns with Tan's reputation of cutting costs at the expense of increasing spending on innovation, two of the people said.
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Meanwhile, banks have put significant resources toward development around AI-based tools in recent years with the hopes of cutting costs and gaining a competitive edge.
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"Cutting costs is a good move, although now it's about if the company can turn this ship around themselves," Daniel Ives, analyst at GBH Insights, said.
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Standard and Poor's on Friday upgraded Greece's credit rating to "B-" from "CCC+" with a stable outlook, citing its progress in cutting costs and recapitalizing banks.
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STOXX have beaten or met market forecasts with their first quarter earnings, although many have done so by cutting costs in order to offset lower revenues.
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Once, briefly, the world's largest bank by assets, RBS has spent the eight years since its 45-billion-pound bailout cutting costs and reorganising its businesses.
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When book publishers began cutting costs in the 22001s, a phalanx of financiers and real estate developers rose to take the seats once reserved by editors.
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Other lodging companies agree that while the climate may be tricky, they are fine-tuning efficiencies and cutting costs that don't negatively impact products or services.
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After President George W. Bush signed tax cuts in 2001 and 2003, his administration sought to overhaul Social Security and Medicare in hopes of cutting costs.
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The government panel describes Broadcom's potential approach as akin to "private equity," referring to the company's well-known penchant for cutting costs to help drive profits.
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MNG, which has a history of acquiring struggling local papers and cutting costs, has a 5773 percent stake in Gannett, making it Gannett's largest active shareholder.
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Mr. Freeman, a former kicker for Duke University's football team, has helped lead the fund's strategy of buying newspapers and increasing profits by cutting costs drastically.
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Conservative think tanks, including the Heritage Foundation and Koch-related entities, have long sought to de-link food aid from agriculture in hopes of cutting costs.
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They're saving more, cutting costs where they can, and in some cases, even earning more, according to those CNBC Make It spoke with over the summer.
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While consolidations in the media industry typically mean cutting costs at the expense of quality journalism, Vox and New York said their combination was something different.
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He said she had focused too much on cutting costs and share buybacks, and not enough on investments that would keep jobs in the United States.
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Best Buy has gone through a major turnaround under its new CEO, improving the customer experience, expanding its digital presence, cutting costs and boosting the dividend.
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Financial losses, blamed on a large workforce and an aging fleet, have prompted a five-year turnaround plan that includes cutting costs and cancelling unprofitable routes.
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HAMBURG, Nov 26 (Reuters) - Talks with labour representatives on cutting costs at Volkswagen's luxury car unit Audi are making progress, an Audi spokesman said on Tuesday.
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The company's fundamental business model — promoted by 215G Capital, the investment firm that pushed Kraft and Heinz to merge — is buying companies and then cutting costs.
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Now is the time for large organizations to assess how partnering with innovative players like this can increase productivity while also cutting costs in the long run.
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In November, VW's works council chief Bernd Osterloh, who leads the labor representatives, criticized VW brand chief Herbert Diess, accusing him of cutting costs without consulting workers.
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Miners have been focused on cutting costs and boosting productivity in recent years as metals prices slumped, hitting multi-year lows early last year and squeezing profits.
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U.S. officials have said in the past that the F-35 program has made progress on cutting costs and technical issues since a major restructuring in 2010.
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The company has been cutting costs following its acquisition of REVOCOAT, a global supplier of sealants, adhesives and damper products for the automotive industry, in April 2015.
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He earned a total potential pay package of 9.7 million pounds a year earlier, after successfully cutting costs and offloading unwanted assets, despite missing a profit target.
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Faced with soft volumes at a time of lackluster commodity prices, freight railroads have been cutting costs as part of their push to improve efficiency and profitability.
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But Albouy said the new policy had nothing to do with cutting costs as the newspaper will spend even more to send people out on the field.
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Premier Foods has been cutting costs as part of a two-year plan launched in 2017 by laying off people and streamlining its warehousing and distribution network.
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Shell and many of its peers have been cutting costs sharply for developing large offshore fields to compete with cheaper sources of oil such, as U.S. shale.
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Its investment in the electronic business is notable because Goldman and other banks are cutting costs and being very selective about where to put money to work.
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Cutting costs is far easier than boosting revenues and about half of the total planned USD2.9bn cuts have already been implemented, generating 13% savings year-on-year.
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Instead, he has held out for a budget deal that includes reforms such as curbing union powers, setting term limits for lawmakers and cutting costs for businesses.
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Still, experts say SpaceX is widely credited with jolting the overall market with a keen focus on cutting costs, forcing Europe to shake up its launch industry.
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Those represented battles between teachers' unions and Republican-dominated state governments focused on cutting costs, while the Los Angeles strike is unfolding in a Democratic-controlled state.
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The company has been cutting costs as part of a two-year plan launched in 2017 by laying off people and streamlining its warehousing and distribution network.
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It has an established track record of shortchanging its viewers by cutting costs, duplicating programming on multiple stations in a market and placing profits ahead of service.
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Goldman Sachs — Goldman is heavily cutting costs, according to a Bloomberg story that said the company is cutting support staff and increasingly rejecting travel and entertainment expenses.
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LONDON (Reuters) - Asset managers on Monday marshaled their defense against proposed changes by their regulator aimed at boosting value for investors by cutting costs and increasing competition.
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Major oil firms have been busy cutting costs since the downturn in prices and Albanese told CNBC that he expected that to conjecture in the near term.
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Donald Trump has spoken many times of cutting costs for the U.S. taxpayer by reducing the U.S. troop presence in South Korea or withdrawing U.S. forces altogether.
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Petrobras is cutting costs, reducing capital spending and selling assets to stem the impact of slumping oil prices and the probe, which partially curtailed access to financing.
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MediaNews Vice President Joe Anto said last week that Monster could boost its share price to $6-$8 by cutting costs, selling assets and changing strategic direction.
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Instead, the review will focus on cutting costs for small firms in the financial sector and extending beyond 2018 an exemption for pension funds from EMIR requirements.
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Finnair also said it would scrap its capacity growth target, investigate cutting costs by up to 50 million euros ($55 million) and consider measures including temporary layoffs.
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Following the brash and aggressive character of its chief executive, Michael O'Leary, Ryanair made its name by cutting costs to the bone and vociferously opposing union membership.
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And sports-betting insiders say companies are in "triage mode," cutting costs and getting creative to keep fans interested until live sports return, according to Ashley Rodriguez.
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In 2017, Condé Nast lost more than $120 million, but it narrowed those losses last year after cutting costs through layoffs and increasing revenue from digital video.
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Deal-making had largely been dormant in the gold sector in recent years, as companies focused on cutting costs amid investor criticism of inadequate management of capital.
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It also shows that for most people, improving investment returns and cutting costs will have the same effects on monthly income as modest amounts of extra work.
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General Electric's second-quarter results, which were announced on Friday, showed that the company is making progress in cutting costs and that its aviation business is thriving.
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It can appropriate funds for the Defense Department and other agencies to cooperate in joint resettlement programs, cutting costs by consolidating such programs' functions in one office.
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Like its bigger rivals, OMV has been cutting costs to buffer the impact of oil prices which are still around half of what they were in 2014.
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To maintain its dominance in the United States and Australia, QP is cutting costs at home and seeking to expand overseas through joint ventures with international companies.
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Lloyds has been reducing the size of its loan book for years, meaning it could drive returns by cutting costs and assertively managing what it pays savers.
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After a 2 billion pound loss last year, Lloyd's wants to make its marketplace for 80-plus syndicates more competitive, with going electronic core to cutting costs.
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The setbacks mirror those of Juul itself, which announced it was cutting costs by nearly $1 billion and laying off 650 at the end of last year.
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"Revenues were worse than we expected, but Deere (is) doing a great job cutting costs," S&P Global Market Intelligence analyst Jim Corridore said in a statement.
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General Mills said it was cutting costs further, which would push up its adjusted profit by 6 percent to 8 percent in the year ending May 2017.
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The move in Mexico is part of Santander's efforts to increase its focus on emerging economies while cutting costs to counter squeezed margins in mature European markets.
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To improve margins, the activist group proposed cutting costs and possibly selling Bed Bath & Beyond's "non-core businesses," such as online home decor website One Kings Lane.
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Serco, which provides services across defense, security, health and transport, has focused on winning public business abroad and cutting costs to weather a slowdown in UK outsourcing.
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Then, when Poisk introduced refillable cylinders, climbing guides began funneling used ones into a black market and cutting costs by bypassing the company for refilling and maintenance.
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The company has been cutting costs and jobs, and reigning in its capital spending as increased geopolitical tensions have hurt demand as well as made payments more challenging.
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"Stock picks should have solid balance sheets, bigger than market dividend, lower multiples, strong management teams, the ability to keep cutting costs, and growing top line," he suggested.
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Greco completed the revamp of Generali a year ahead of schedule, cutting costs and selling assets to boost capital and cash, doubling the share price in three years.
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To counter the falling sales and to spruce up profit, the company has been cutting costs and selling its coffee businesses and making its snacks and candies healthier.
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Mobile telecom equipment maker Ericsson posted second-quarter operating profit and sales below market expectations on Tuesday and said it was cutting costs further to match weak demand.
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Willy Shih of the Harvard Business School says this enables them to practice and refine their production processes on a scale that allows them to keep cutting costs.
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Home Depot CEO Craig Menear said the company aims to minimize the impact that potential tariffs will have on prices by cutting costs elsewhere along its supply chain.
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UNUSUALLY FOR a man who believed in cutting costs wherever possible, Herb Kelleher, the boss of Southwest Airlines, America's most successful carrier, liked being flexible with trade unions.
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He is cutting costs, shortening manufacturing times and investing in new engines that will increase the size of its fleet and associated servicing revenue in the next decade.
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Mr Frérot has overseen a painful recovery plan based on cutting costs (staff numbers have fallen by half), and slashing dangerously high debt by 50%, to €8bn ($8.9bn).
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The former Unilever executive has simplified operations, revitalizing its core grocery business in Britain, while cutting costs and selling assets including its South Korean business for $20.861 billion.
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Despite launching in the country as early as 2007, the European company abruptly exited the Chinese market at the end of 2015 in the name of cutting costs.
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In response, watchmakers have been cutting costs and production as the industry faces its biggest slowdown since 2009 when the global financial crisis reduced demand for luxury watches.
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"In part, this strength is because of rising demand, but the company's also been very smart about cutting costs and providing customers with a superior product," he said.
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Since then, the company has worked to turn itself around by cutting costs and enhancing its marketing tactics, in particular working to entice consumers to become return customers.
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Bristol-Myers, whose $17 billion in annual sales are far below its industry peers, has downsized in recent years by selling off its diabetes drugs and cutting costs.
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But the "Mad Money " host noticed the company making a turnaround, re-positioning itself as more of a data-driven marketing play and cutting costs across the board.
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It also said it had embarked on cutting costs in all regions in its corporate and institutional banking business, as part of a plan announced earlier this year.
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The challenge for the VW brand's transition towards electric mobility is to ramp up investments in both electric and combustion engine technology, all the while cutting costs overall.
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To offset about 70 billion yen ($690 million) in damage from the higher yen this year, Nippon Steel aims to take steps such as cutting costs, Sakae said.
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Intesa Sanpaolo is close to completing a plan to boost its insurance and asset management businesses while cutting costs and closing branches, the Financial Times reported on Monday.
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The company, which is targeting $83 billion in annual savings by 28, has been cutting costs through job reductions and selling some of its bottling operations and factories.
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Nor do they think this is an accident ... they paint CEO Howard Schultz as the villain for cutting costs by reducing the amount of milk in each latte.
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To maintain the dividend despite low prices, BP has been cutting costs, which were $4.6 billion lower for the last four quarters combined than in full-year 2014.
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Lamprell, like its peers, has been cutting costs as oil explorers have slashed spending and canceled contracts to counter a more-than-231-year rout in oil prices.
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The biggest risk is that companies concentrate only on cutting costs, and don't put some of that money back to work behind businesses with the potential for growth.
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The Italian insurer should get back to the basics of insurance by cutting costs and improve underwriting, the new chief executive Philippe Donnet told Financial Times on Monday.
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Cramer recommended Chemours for speculation in 2016 because its core business, titanium dioxide, started showing signs of a turnaround, and the new entity's management was aggressively cutting costs.
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Faced with weak profits and calls to be broken up, GE is aggressively cutting costs, selling units and strengthening its balance sheet under a new board and managers.
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He added that the company would focus on achieving profitability in the second half of the year by cutting costs through initiatives such as outsourcing some business processes.
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Orion Span's Aurora Station's patented IP and operational concepts emphasize simplicity, cutting costs in extraordinary ways and improving accessibility in ways never seen before in space station design.
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Greco completed the revamp of Generali a year ahead of schedule, cutting costs and selling assets to boost capital and cash, doubling the share price in 3 years.
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And so, as many magazine publishers were cutting costs, the company found itself in a position to go big — and elevate its position in the media-industry hierarchy.
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The Atlantic's decision to go on a hiring spree is surprising at a time when legacy publications and recently established websites alike are cutting costs and shedding employees.
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A private equity firm takes over a troubled company with the goal of sprucing up the strategy, cutting costs and overhauling the business over three or five years.
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Analysts have argued that the company has been too busy cutting costs and dealing with the accounting issues and has not focused enough on launching innovative new products.
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CEO Giuseppe Castagna told Il Sole 210 Ore that in the new business plan unveiled on Tuesday the bank has "significant room" on cutting costs should revenues slowdown.
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According to the sources, Parente's immediate tasks include speeding up a $15.5 billion asset sale plan to raise cash and repay debt, cutting costs and rooting out corruption.
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The earnings beat was underscored by higher oil and gas production, better commodity prices and continued progress in cutting costs and chipping away at the driller's debt load.
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BIC saw a steep decline in profitability last year, prompting it to launch a turnaround plan in February aimed cutting costs and stepping up innovation and online sales.
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BIC saw a steep decline in profitability last year, prompting it to launch a turnaround plan in February aimed cutting costs and stepping up innovation and online sales.
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The "Mad Money" host added that this deal marks the start of consolidation across the drug industry, as biotech players seek to develop new treatments while cutting costs.
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The new metrics were well-received by investors in attendance, though some were concerned that it would be hard for Goldman to boost revenue while also cutting costs.
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Buying Baker Hughes would have made Halliburton a more imposing company in the world of oil field services, giving it more heft to battle Schlumberger while cutting costs.
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Sewing, a retail banking veteran who took over as CEO of Deutsche Bank last year, is cutting costs and reducing the company's headcount as part of an overhaul.
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The company had been so focused on cutting costs that it hasn't done as much as rivals, including General Mills, to keep churning out new and upgraded brands.
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Instead, the job has become corporate in the extreme — answering to parent-company boards, serving up sequels so related merchandise keeps selling, cutting costs as DVD money vanishes.
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Perrigo, which also sells consumer healthcare products, said it expected to sustain its high margins by keeping up the pace of new approvals, divesting unprofitable products and cutting costs.
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Other on-demand services should be scrutinizing their finances and cutting costs however they can to give them a longer runway to hit milestones and secure their next round.
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Many European banks from HSBC to Deutsche Bank are cutting costs to boost profitability, with mounting compliance and regulatory pressures weighing on higher risk activities such as investment banking.
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The only real near-term fix Cramer could find was that aside from investments in technology, Nordstrom has been cutting costs to the bone to bolster its bottom line.
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Xiaomi rose rapidly to become the world's largest startup in 2014 by selling its smartphones with thin margins, cutting costs by using online retail channels and doing minimal marketing.
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During his watch, he has simplified and streamlined the group by selling assets worth 4 billion euros, cutting costs and beefing up capital ready for tougher European solvency rules.
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Rorsted, a 54-year-old Dane who boosted profits at Henkel by cutting costs, started a two-month handover period at Adidas this week with Hainer, CEO since 2001.
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If a seasonal refresh is what you need, check out the sites below that are cutting costs on all things decorating, from Thanksgiving essentials to Holiday wreaths and garland.
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But now, whether it's genuine desire to go against the grain or a means of cutting costs, brides are changing what it means to dress for the big day.
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The biggest "integrated" oil companies — those with both exploration and refining operations — have begun to close the gap between spending and income by cutting costs and laying off workers.
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Both banks have close links to the Abu Dhabi government, which has been cutting costs and restructuring its assets to increase efficiency as low oil prices slash its revenues.
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Carlos Tavares, chief executive of PSA and the likely head of the new auto group, has demonstrated skill at cutting costs after acquiring Opel from General Motors in 2017.
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Mining companies globally have been reducing output and jobs as a way of coping with a six-year low in the copper price , and Codelco has been cutting costs.
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Having pulled its public filing, at which WeWork had hoped to raise up to $4 billion, the company is now jettisoning extraneous businesses, cutting costs, and laying off staff.
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The company has also been cutting costs, changing the mix of products it sold and cashing in on its acquisition of pet food business, Blue Buffalo, to boost margins.
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The world's largest soda maker has been aggressively cutting costs to cushion the impact of a strong dollar, which has reduced the value of sales outside the United States.
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Twitter's path to profitability was centered around cutting costs, but managing money appropriately is important, and Twitter is doing a better job of that now than it ever has.
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Under Soames, a grandson of British wartime prime minister Winston Churchill, Serco is at the tail end of restructuring and has focused on winning business abroad and cutting costs.
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The move to cut fees follows proposals put to public consultation in November, partly aimed at cutting costs for big banks which have many of their own cash machines.
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In 2018 it eked out profit growth by cutting costs but said it now expected investments in new technology platforms to help the group to produce top-line growth.
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Bompard ticks many boxes for the task ahead, with a track record of cutting costs and growing online operations - both of which could be central to reviving French hypermarkets.
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French banks are cutting costs and reviewing portfolios to shed low-yielding assets while trying to focus on operations that consume little capital in a bid to improve profitability.
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Legere said the transaction will lead to lower prices and more U.S. jobs, even as opponents argue it will lead to the combined carrier hiking prices and cutting costs.
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Borrowers' fears that sustainability loans might imply additional costs and administrative and legal workload in documentation and auditing are being eased as growth in the sector is cutting costs.
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The company sold off $22018 billion worth of assets in the past year, helping to cut its debt load, and also has been aggressively cutting costs to boost returns.
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AccorHotels, which runs more than 4,000 hotels worldwide, has been cutting costs, expanding in the luxury end of the market and investing in new areas such as concierge services.
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Eskom is cutting costs and strengthening its balance sheet to position itself as a reliable borrower to fund its multibillion rand programme to upgrade and build new power stations.
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P&G also posted a better-than-expected profit by cutting costs, sending its shares up 2.5 percent to $78.79 on Tuesday, outperforming the broader consumer staples index .SPLRCS.
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The energy industry is likely to welcome unification of the right, with the new party eager to develop policies aimed at cutting costs for the oil and gas sector.
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The company wants to undercut big payload specialists like billionaire entrepreneur Elon Musk's SpaceX by launching so-called microsatellites from small rockets, cutting costs and wait time for clients.
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The decision to section off its contract workforce without offering full amenities may become a growing trend for Google in the name of cutting costs and increasing corporate security.
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Euromonitor analyst Jack Skelly said most chocolate makers are focussed on cutting costs at the moment, noting that cocoa prices are still much higher than a few years ago.
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Since his appointment by former prime minister Matteo Renzi in 2014, Moretti has overhauled Leonardo's business, cutting costs and focusing on aerospace and defence while shedding non-core assets.
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Many private banks are looking to boost profitability by cutting costs, a response to tough financial markets and record-low interest rates which have been a drag on revenues.
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"Within the industry, MNG has a well-documented history of significantly reducing editorial staff and cutting costs at its acquired properties," wrote the Gannett board chairman, J. Jeffry Louis.
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SEOUL, March 13 (Reuters) - As restrictions widen on travellers from South Korea, the most coronavirus-hit country outside China, airlines are cancelling flights, cutting costs and seeking government support.
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Delta emerged from bankruptcy in 2007 after cutting costs and terminating its pilots' pension plan, shifting liabilities to the government, and fending off a takeover bid by US Airways.
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Mr. Hurd spent 20033 years at the business technology company N.C.R., where he became chief executive and developed a reputation for cutting costs and improving the company's stock price.
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Their idea is to make electric vehicles at similar costs to traditional fossil fuel vehicles but by drastically cutting costs by using "microfactories" close to major cities for manufacturing.
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ABB responded by cutting costs, simplifying its structures and ditching fringe businesses like the high-risk and low-margin engineering, procurement and construction business it spun off in December.
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President and Chief Executive Steven Kean said the company shaved its capital budget largely by dropping acquisitions, which he did not identify, cutting costs and lowering carbon dioxide spending.
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National Oilwell, which has been aggressively cutting costs to offset the impact of low crude oil prices, said it slashed about 10 percent of its workforce during the quarter.
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It has been aggressively cutting costs by laying off staff and selling assets to pay down its $38.54 billion debt pile following its $38 billion acquisition of Anadarko Petroleum.
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The loss-making airline is on track to reach its target of cutting costs by 2 billion crowns this year, acting Chief Executive Geir Karlsen said in a statement.
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ST) said it would not need fresh capital to see it through a restructuring process aimed at cutting costs by 10 billion Swedish crowns ($1.2 billion) and doubling profitability.
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GE's ultrasound equipment business faced 10 percent annual price declines but still increased profit margins by cutting costs and introducing products that were less expensive to produce, he said.
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The company has been cutting costs in Asia Pacific, growing its high-margin private-label business and improving its online sales under CEO Lindsley Ruth, who joined in April 21.
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Chief Executive Andrew Bester said the bank was focusing on cutting costs to return to profit, adding that the bank was targeting "moving to sustainable profits from 2021 and beyond".
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Spirit is focusing on cutting costs to lift profitability, since much of its sales growth is assured by a large backlog of about 12,500 plane orders at Boeing and Airbus.
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In October, Telenor said the company had reached its 2017 target of cutting costs by 1 billion Norwegian crowns ($123.84 million), and that it would continue to seek further reductions.
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It was looking for new ways to drum up business: oil firms are cutting costs to cope with a 60-percent drop in the price of oil since mid-2014.
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SAS is in the midst of renewing an ageing fleet after spending years cutting costs in the face of competition from budget carriers such as Norwegian Air Shuttle and Ryanair.
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SAS is in the midst of renewing an aging fleet after spending years cutting costs in the face of competition from budget carriers such as Norwegian Air Shuttle and Ryanair.
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After cutting costs during the oil-price crash, American shale fields have increased output at a pace "so extraordinary" that it could equal growth in the world's demand for oil.
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Still battling to recover from a 2015 scandal over emissions test cheating, the German automaker has been cutting costs to fund an ambitious shift to electric cars and automated driving.
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Such strategies include accepting a lower profit margin; cutting costs - including wages and jobs for U.S. workers; and passing on tariff costs through higher prices for U.S. consumers or companies.
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Be smart: AT&T says the restructuring is about creating more content, not cutting costs, but it's hard to imagine that a deal this big wouldn't result in any synergies.
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The other side: Maybe PayPal co-founder Peter Thiel drank all of Musk's minotaur blood, because Musk now has the zeal of the convert when it comes to cutting costs.
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In response, HPE is cutting costs as part of its HPE Next initiative announced last year, aiming to drive gross cost savings of $1.5 billion in the next three years.
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The changes, which the banks have to adopt by the end of this year, are expected to lead to a widespread consolidation, reducing the number of lenders and cutting costs.
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Management has made important steps cutting costs but has not re-thought the company's business model, said Joseph Oughourlian, founder of fund Amber Capital, which holds a stake in Mediaset.
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Struggling high street group New Look also released full-year results on Tuesday, with an underlying operating loss of 74 million pounds showing why it cutting costs and closing stores.
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Loss-making TAQA, 75 percent owned by the government of Abu Dhabi, has been scaling back investments overseas and cutting costs to cope with the slump in crude oil prices.
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Shitty automation usually, but not always, comes about when new user-facing technology is adopted by a company or institution for the ostensible reason of minimizing labor and cutting costs.
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Obviously, there is a spectrum here from lethargic monopoly to cutthroat competition that causes more problems than it's worth (environmental damage in the hopes of cutting costs, fraud, deceit, etc.).
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Last week, Calgary-based Gibson Energy, which provides storage and transportation services for energy companies, laid off staff across its Canadian operations, as it looks to focus on cutting costs.
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Britain was outvoted on the EU law capping bonuses, saying it would prompt banks to raise fixed pay and make them less nimble in cutting costs in a market downturn.
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In Sempre's case, the good behavior is designed to alleviate breakage at the point of sale by cutting costs on drugs for patients who might otherwise just not buy them.
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Most of his tenure has been defined by settling lawsuits, dealing with regulatory matters and cutting costs, and the bank is still trying to regain its footing in underlying businesses.
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Haley has focused on cutting costs of UN peacekeeping since taking office and pledged in her op-ed to take a critical look at the UN operations in both countries.
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The company, which has been cutting costs and simplifying its business structure, especially in Asia Pacific, said it plans to invest in both digital and customer acquisitions in the region.
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Tenet, which has long-term debt of about $15 billion as of June 30, has been cutting costs and focusing on raising hospital segment margins to turn its business around.
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" Moreover, he said if there is price pressure from consolidation on the retail side it will be offset because Hain is cutting costs in its business to "enhance our margins.
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Companies have already begun cutting costs by reducing their on-staff workforces, and that means there will be an increased demand for remote and virtual workers to keep business functioning.
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Major airline carriers like Delta, American and United are also hurting, but said early in the week that they were prepared to absorb the impact of coronavirus by cutting costs.
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Also in December, the safety bureau moved to ease requirements on the maintenance of offshore oil and gas platforms, cutting costs by an additional $2365 million over the next decade.
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The provider of pest control, cleaning, security and healthcare services has spent the past two years cutting costs and selling assets to focus on its main engineering and security businesses.
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Sprint is in a tight bind as it seeks to improve its network, widely seen as the weakest of the four major carriers, while at the same time cutting costs.
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He was ousted from the Stockholm-based telecommunications company in 25 amid criticism that he had not been aggressive enough in cutting costs and that he lacked a strategic focus.
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The co-chief executives who replaced Mr. Neumann have started cutting costs and have moved to shut down or sell some divisions and assets, including a private school in Manhattan.
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Cutting costs and fees: Last year, a wave of incumbent brokerages slashed fees for their services to better compete with startups in the space, like commission-free trading platform Robinhood.
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But Paul Berry, a company spokesman, said Spirit had pivoted to focus more on customer service in the last year, even as some larger rivals keep cutting costs to compete.
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Michelin, based in Clermont-Ferrand, central France, is pushing an overseas expansion while cutting costs and struggling to defend its namesake brand's higher prices against mid-market and budget rivals.
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By cutting costs, paring faculty numbers and jettisoning clinics and other programs, it could emerge from its turmoil relatively intact if the federal government allows student loans to flow again.
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These funds are pooled, along with borrowed money, to acquire private companies or to take public companies private—before making improvements or cutting costs and selling at a big profit.
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But the bank still managed to hit Moynihan's efficiency target and produced 5 percentage points of "operating leverage," which measures how well a company can maintain revenue while cutting costs.
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Chief executive Bill Winters has spent two years slashing exposure to bad loans, restructuring and cutting costs, and said his turnaround is ahead of plan, allowing him to increase investment.
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The idea is that the blockchain can eliminate the need for third-party intermediaries that are often present in the supply chain, in turn cutting costs and increasing business efficiency.
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Crescent Point Energy Corp , the biggest Saskatchewan oil and gas producer, is cutting costs due to low prices and transport challenges, said David Gowland, manager of government and stakeholder relations.
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The companies say they believe the deal will add 4 cents a share to GE earnings in 2018 and receive $1.6 billion in financial benefit by 2020, mostly through cutting costs.
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But management's focus on cutting costs, developing higher-end craft beers, growing Molson Coors' international presence and breaking into the cannabis market could form the company's new bull thesis, he argued.
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Challenges for the new team include cutting costs, managing a mixed fleet, coping with loss-making subsidiaries as well as healing long-time rifts between government-appointed management and airline veterans.
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New CEO Thierry Vanlancker said factors such as higher raw material costs were having "a wider and greater impact as the year continues" and Akzo was raising prices and cutting costs.
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Michelin, based in Clermont-Ferrand, central France, is pushing an overseas expansion strategy while cutting costs and is struggling to defend its namesake brand's higher prices against competition from Chinese brands.
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International sales fell 2 percent to 25.1 million pounds ($32.93 million), Domino's said, as it began cutting costs and spending in operations that also include Sweden, Switzerland, Germany, Luxembourg and Iceland.
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Instead of merging each country's air-traffic manager, the focus is on cutting costs by, for example, setting a common standard for digitisation to ensure each country invests in compatible systems.
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Hertz, which has been cutting costs to counter softer rental-car pricing, said that it was on track to achieve its previously announced target of $350 million in savings in 2016.
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"Instead of cutting costs we're going to add some costs, but in the long run it will pay off," Stephenson said by telephone after a trip to China to meet suppliers.
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Felix Hufeld added that, in Europe's current interest rate environment, banks have to trim their business models in order to achieve higher profitability as cutting costs alone would not be sufficient.
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For some, Bompard ticks many boxes for the task ahead, with a track record of cutting costs and growing online operations - both of which could be central to reviving French hypermarkets.
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Easterbrook took the helm at McDonald's in March 2015 and has begun reviving sales and profits by cutting costs, simplifying menus and rolling out all-day breakfast in the United States.
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BA has been cutting costs to respond to competition on short-haul routes from Ryanair and easyJet and recently faced criticism for starting to charge passengers for their in-flight snacks.
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And while a slew of legislation introduced during the 2628th Congress sought to address the issue, one of the most opportune areas for cutting costs — energy-efficient retrofits — is largely unexplored.
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After frantically cutting costs by slashing jobs, freezing salaries and squeezing more from suppliers, mining companies are now scrambling to unearth savings in even the most mundane parts of their businesses.
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Sprint has sought to strengthen its balance sheet by cutting costs and mortgaging a portion of its airwaves and equipment, but industry analysts have raised concerns about its $38 billion debt.
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In announcing the deal, Newell management revealed their plans: to raise some $10 billion by selling off non-core assets, cutting costs and taking market share with their highest-margin brands.
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Lufthansa was reacting by cutting costs further and boosting flexibility and hoped a turnaround plan announced for Eurowings in June would make its low-cost carrier profitable on a sustainable basis.
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"Over the last two years they have been in defensive mode and cutting costs, now they are starting to generate cash," said Andrew Breichmanas, analyst at BMO Capital Markets in London.
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"We were cutting costs and saving money and then paying a penalty on top of that," said Dr. Robert A. Greene, an executive vice president of the Dartmouth-Hitchcock health system.
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"Australian companies will continue to do enough to help sustain current levels of profitability, even without a strong growth backdrop," it said, noting many companies are cutting costs and demerging assets.
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Illovo, which has been cutting costs to survive low sugar prices, said ABF plans to make a cash offer to all other shareholders but there was no certainty of a deal.
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The savings are sustainable and stem from rationalizing the range of engines and parts it offers, cutting costs on vehicle and component tests and streamlining work processes, a company source said.
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In the down cycle that started in 2011 most companies responded by cutting costs to the bone and curtailing exploration, while also boosting output to lower the outlay per unit produced.
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Why it matters: While much is made over the role of AI and machine learning in cutting costs for healthcare, those techniques are only effective if the underlying data is good.
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Intel says its customers use its broadband solutions to run unified communications and data center applications to remote offices, cutting costs by 70 percent and seeing big speed and reliability improvements.
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Jokes aside, VidMob does, at first glance, seem like the very sort of service that could render traditional ad agencies less relevant to marketers interested in cutting costs wherever they can.
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Alternately, the startup could be cutting costs proactively because of an increasingly difficult funding environment, where investors are becoming more cautious in backing unprofitable businesses, even if they are growing quickly.
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Trainers and owners have accused Ritvo and the Stronach Group of cutting costs and prodding them to run their horses more often so there will be fuller fields and more revenue.
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The takeover is being closely watched by an industry concerned about technological changes such as blockchain that could disrupt the business model of charging fees per transactions by dramatically cutting costs.
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Vanlancker said headwinds such as higher raw material costs were having "a wider and greater impact as the year continues" and the company was raising prices and cutting costs in response.
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Uber has faced increased pressure from investors to turn a profit, and it spent much of 2019 cutting costs and laying off employees after a disappointing initial public offering last May.
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GM has said it needs to close the four plants, as well as cut its salaried staff by 15%, to free up investment by cutting costs by $6 billion a year.
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"This pledge is really important because it shows Bosch is not only thinking about cutting costs, but also about securing future growth and jobs," works council head Mario Gutmann told Reuters.
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"This pledge is really important because it shows Bosch is not only thinking about cutting costs, but also about securing future growth and jobs," works council head Mario Gutmann told Reuters.
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Lesin said that after mass protests against the high cost of living in Israel in 2011, Strauss lowered prices of many items while cutting costs and becoming more efficient and productive.
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The carrier is in the middle of a turnaround strategy led by Gordhan that will include appointing a new board and chief executive and cutting costs and cancelling loss-making routes.
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To cut lawn-cutting costs in the White House during World War I, President Woodrow Wilson brought in a flock of sheep to graze the lawns and keep the grass trim.
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Lloyd's of London, which began life in Edward Lloyd's coffee house in 1688, focused on cutting costs and improving its underwriting performance after last year's loss, its first in six years.
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Their advice has been instead to focus on improving margins by restructuring the business or cutting costs by merging with rivals, rather than banking on the idea of Amazon saving them.
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Democratic presidential hopeful Pete Buttigieg today released his long-awaited health plan, pledging that his "Medicare for All Who Want It" proposal would lead to universal health coverage while cutting costs.
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StanChart is attempting to show investors it can return to growth after a sweeping restructuring under Chief Executive Bill Winters succeeded in cutting costs but at the expense of much lower revenues.
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The company, whose cameras are worn by surfers, skydivers and other action junkies, has been cutting costs and jobs to offset slowing sales growth of its flagship products and return to profitability.
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Gobbetti has already made changes to the company founded in 1856 by Thomas Burberry, cutting costs and striking a licensing deal for make-up and perfumes after they were bought in-house.
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Cutting costs is key to lifting the program out of the red while avoiding a repeat of reportedly low prices that fanned trade tensions between the United States and Canada in 2017.
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Serco, which provides services across defense, security, health and transport, has focused on winning public business abroad and cutting costs to weather a slowdown in UK outsourcing, partly caused by Brexit uncertainty.
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But she acknowledged the agency's success in cutting costs, along with that of the UNDP, which saved $4m out of $39m assigned to buy medicines for HIV, tuberculosis and other infectious diseases.
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STOCKHOLM, July 19 (Reuters) - Mobile telecom equipment maker Ericsson posted second-quarter operating profit and sales below market expectations on Tuesday and said it was cutting costs further to match weak demand.
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In an effort to repair the bank's bottom line and reputation, Cryan has been cutting costs and focused on three divisions - corporate and investment banking, private and commercial banking, and asset management.
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Deutsche last week already flagged that net profit would be more than double analysts' forecasts in a rare piece of good news for the bank, which is cutting costs to revive profitability.
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The executive's success at cutting costs and engineering an alliance with Nissan Motor effectively muted government's role until Ghosn was locked up by Japanese prosecutors late last year, where he awaits trial.
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Toys R Us is in the midst of implementing a turnaround strategy that includes cutting costs, closing stores and making its existing shops more fun and interactive for kids and their parents.
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The former Costa owner posted a 1.2 percent rise in annual underlying pretax profit on Tuesday, boosted by its focus on cutting costs as it continues executing its expansion plans in Germany.
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The takeover in 20193 of WhiteWave, which makes almond milk and organic products, is intended to boost Danone's profit margins, given WhiteWave's generally affluent clientele, while Danone has also been cutting costs.
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That is a change from the last several years, when miners focused on cutting costs instead and investors lost confidence in the industry after years of dilutive share issuances and pricey acquisitions.
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Austrian Post, which is majority state owned, said writedowns - mostly linked to Trans-o-Flex which has been cutting costs - roughly halved its 2015 net profit to 131.93 million euros ($78.6 million).
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In the short run, these improvements will boost farmers' profits, by cutting costs and increasing yields, and should also benefit consumers (meaning everyone who eats food) in the form of lower prices.
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Focusing on that goal helps you see the payoff from cutting costs from your budget, which can range from finding less-expensive housing to buying things used rather than new, she said.
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Bound by EU competition laws, it had no choice but to adapt by cutting costs, boosting efficiencies and crafting a smart hub-and-spoke model that sidestepped Ryanair's point-to-point strategy.
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Both banks have close links to the Abu Dhabi government, which has been cutting costs and restructuring its assets to increase efficiency as low oil prices take a toll on its revenues.
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Kraft Heinz's backers, 3G Capital, are adept at cutting costs, but have not yet proven themselves in their ability to grow brands, a challenge that has plagued the food industry at large.
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The company which is in the process of cutting costs and selling some assets, said it is exploring several initiatives and is currently progressing early stage discussions with a variety of parties.
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The maker of Kitkat chocolate bars and Maggi noodles has also been cutting costs, shedding underperforming businesses and expanding its presence in the more profitable and faster-growing market for healthcare products.
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Total said it was relentlessly cutting costs and was targeting production costs below $5.5 per barrel of oil equivalent (boe) in 2017, from $5.9/boe in 2016 and $7.4/boe in 2015.
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Terium, 52, would move from managing the group's declining power plants business, which focused on cutting costs and jobs, and instead shape the new division that will be split off this year.
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The miner, which focuses on diamonds, platinum and copper, also said it would keep coal and nickel assets it had planned to sell after cutting costs and rejecting bids as too low.
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VX is responding to sluggish demand in China by expanding in the country's western cities and focusing on sales of robotics and high-voltage power equipment, while cutting costs across the group.
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As it works on a turnaround, Sears is paying down its debt, cutting costs and integrating its online and bricks and mortar operations to give customers more choices in how they shop.
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The steep and continuous decline of high-margin print advertising has led to significant financial challenges for most newspapers, which in turn are cutting costs and trying to find new revenue sources.
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The queen has made a number of compromises over the past few decades, including cutting costs and downsizing the royal family, to ensure that the monarchy thrives in the interests of taxpayers.
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The industry has faced criticism that it squandered the spoils from gold prices above $1,900 an ounce in 2011 on dividends and acquisitions, rather than cutting costs and investing in existing mines.
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But PayPal appears to be cutting costs with its new fee policy, just as primary competitor Stripe is emerging as one of the most valuable privately held tech companies in the industry.
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Greece's conservative government, which took power in July, has promised to speed up green investments and overhaul PPC by severing its ties with the government and cutting costs via mostly voluntary redundancies.
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The announcement capped a months-long effort by the White House to thread the needle between rival corn and oil industry interests, by boosting ethanol demand while also cutting costs for refiners.
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Frankly, cutting costs by shrinking seat sizes at a time when fuel prices are low, and airline profits are soaring, is just greedy at the expense of the passengers' comfort and safety.
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The British government announced plans earlier this month to create up to 10 freeports to boost trade and manufacturing by cutting costs and bureaucracy after it leaves the European Union on Oct. 31.
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Origin also sharpened its target for cutting costs at its Australia Pacific liquefied natural gas (APLNG) project, aiming to break even at $45 a barrel by June, down from a target of $48.
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It purposely built big-box warehouses to sell its products on the outskirts of cities near major ports or transportation hubs — improving logistics while cutting costs due to cheaper rents and larger scale.
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But it seems to have shaken off many of its troubles by cutting costs, lifting deliveries to record levels and dipping into a pool of money it had been required to set aside.
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Trump said the move is a means of cutting costs to American citizens, who he said pay higher taxes, premiums, and medical costs to cover hospital fees for those who cannot afford care.
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GameStop, which saw several changes in management since Chief Executive Officer J. Paul Raines passed away last March, has been cutting costs to remodel itself in the face of a changing retail landscape.
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United posted a better-than-expected jump in first-quarter profit late on Tuesday after selling more tickets and cutting costs, and stood by its 2019 profit target despite the 737 MAX grounding.
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But the new majority owner, via creditor conversion, was Alden Global Capital — a private investment firm best known in media circles for buying newspapers and then cutting costs to the point of disrepair.
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Consumer companies can increase profit and deliver shareholder value by either growing in revenue or cutting costs, but the strategies these companies have taken to try to turn the tide just aren't working.
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Bunge and its agribusiness peers, including Archer Daniels Midland Co, Cargill Inc and Louis Dreyfus Co , have been cutting costs and restructuring operations to navigate through a particularly difficult time for the sector.
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General managers who figure out that spending big money on stars and cutting costs everywhere else is the smart thing to do will be the ones winning multiple championships over the next decade.
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While the maker of Cadbury chocolates run by Irene Rosenfeld has been cutting costs since it was spun out of Kraft four years ago, it's still not as profitable as its former parent.
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But he largely stuck by previously articulated plans to keep cutting costs, while focusing on divisions within the bank that are a reliable source of revenue, such as managing money for corporate clients.
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Last year, Amazon partnered with JP Morgan Chase and Berkshire Hathaway to launch a new health care venture—only recently given the name Haven—ostensibly designed to revamp health care while cutting costs.
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While cutting costs in this manner can lead to substandard goods, the ramifications are significantly less dire than retailers seeking out cheaper — and potentially more dangerous — factories in which to produce their garments.
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The company's bosses have proved adept fire-fighters, cutting costs and slashing debt, but have yet to demonstrate that they are equally good at chasing growth, which requires a different set of skills.
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Ericsson, which is also cutting costs and has just sacked its chief executive, reported last month its quarterly like-for-like sales in its network unit fell 11 percent from a year ago.
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It seems more likely that LG Mobile head Brian Kwon — who also heads up that hugely profitable home entertainment business — will focus on cutting costs and squeezing out the few sweet spots left.
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By contracting infrastructure development and maintenance, parks would be able to "bundle" costs and end up cutting costs significantly as opposed to contracting work for individual projects as it is often done now.
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The number of affordable homes in the US is dwindling, and there isn't a lot of room to improve upon traditional home construction methods, especially when it comes to cutting costs, Loomis said.
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Kearl broke down exactly how they did it, from keeping food and shopping spending low to freelancing on the side to cutting costs in other places, such as their car and their apartment.
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As politicians debate who should pay for America's declining health and ever-increasing cost of health care, they are overlooking the key to simultaneously improving the health of Americans and cutting costs: innovation.
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Newell Brands said on Friday it would sell its plastics packaging unit Waddington Group for $2.3 billion, and added more brands to a divestiture plan aimed at streamlining its operations and cutting costs.
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The IOC has overhauled the bidding process for Games after a sharp slump in interest from potential hosts in recent years, cutting costs for bid cities and slashing the campaign time in half.
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Wall Street is choosing to focus on traditional success metrics and turn a blind eye to the power of companies like Salesforce when it comes to cutting costs by upgrading tech, Cramer said.
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"Most of the stories we hear are farmers who are just trying to get creative in cutting costs," Rob Larew, head of public policy and communications at the National Farmers Union, tells Axios.
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Finland's national airline said its was scrapping its 2020 capacity growth target, and would look into cutting costs by 40-50 million euros ($44-54 million), with measures under consideration including temporary layoffs.
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Finland's national airline said its was scrapping its 2020 capacity growth target, and would look into cutting costs by 40-50 million euros ($44-54 million), with measures under consideration including temporary layoffs.
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Tsogo Sun Gaming said it has been focusing on cutting costs and improving operational efficiency at its head office and casinos, and the actions will be bear fruit in the next financial year.
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Its chief executive, John Cryan, who took on that role less than one year ago, has embarked on an overhaul, replacing top management, fast-tracking the settlement of legal action and cutting costs.
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Nestle is among packaged food companies taking action after seeing sales slow as many consumers prefer fresh foods, reacting by cutting costs, divesting underperforming businesses and increasing efforts to innovate with new products.
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Buffett's Berkshire Hathaway teamed up with Jeff Bezos' Amazon and Jamie Dimon's J.P. Morgan last year to create a not-for-profit health venture aimed at cutting costs and improving services for their employees.
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Lockheed Martin CEO Hewson, who left Mar-a-Lago without speaking to reporters, said in a statement that her meeting was "productive" and gave her the opportunity to talk about progress in cutting costs.
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Chief Executive Dennis Muilenburg told an investor conference in New York on Thursday that the company is cutting costs to remain competitive with Airbus, but is not cutting airplane prices "dramatically" to win orders.
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Premier Foods was once Britain's largest food group, but has sold off lots of assets during a restructuring aimed at reshaping its business, cutting costs and reducing debt built up after an acquisition spree.
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The standard operating procedures of private equity—purchasing businesses, adding debt, minimising taxes, cutting costs (and facilities and employment), extracting large fees—are just the sort of things to aggravate popular anger about finance.
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The bank confirmed its target of cutting costs by 2.1 billion Swiss francs by the end of 2017 versus 2013, saying it had saved 1.7 billion francs by the end of the first quarter.
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The New York-based company is trying to turnaround its business by cutting costs and investing in upstart brands as younger consumers increasingly shun mainstream cosmetics labels for trendier ones, including NYX and ColourPop.
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Businesses were relentlessly pursuing efficiency and cutting costs—shifting jobs to cheaper places or forcing people to work longer hours—and then recycling a fraction of the profits they made into Davos-style consolations.
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Kenney, who was elected UCP leader in October, has been eager to develop policies aimed at cutting costs for the oil and gas sector, and is likely to be welcomed by the energy industry.
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Flavio Cattaneo took over as chief executive at Telecom Italia (TIM) a little more than a year ago, earning praise from France's Vivendi and other investors for cutting costs at the heavily indebted firm.
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The move is a retreat for CEO Elon Musk, who had previously been adamant that he would raise no fresh equity and who was cutting costs aggressively in an attempt to avoid such dilution.
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UniCredit is focusing on cutting costs and bolstering its financial strength - together with the Fineco sale, the bank announced in May it would cut its Italian government bond portfolio and accelerate bad loan disposals.
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The purchase last year of U.S. group WhiteWave, which makes almond milk and organic products, is intended to boost Danone's profit margins, given WhiteWave's generally affluent clientele, while Danone has also been cutting costs.
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Tanuwijaya expects Tokopedia to lift the proportion of one-day deliveries to 95% from the current 13%, while cutting costs for merchants in a country of 17,000 islands where logistics costs can be exorbitant.
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Cutting costs at the same time as raising wages will be difficult, Lohscheller said in the Opel Post report, adding that management asked IG Metall to suspend a collective wage increase during the negotiations.
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"We appreciate the company's efforts to improve profitability by cutting costs and raising selling prices...but continue to be significantly more cautious than the company's own ROS target", KBC Securities analyst Wim Hoste said.
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That's not surprising: the prison system across the US has recently come under fire for its practices of cutting costs and corners when it comes to food — with many residents reporting that they're hungry.
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Kier, which last month reported a 14.5 percent slump in first-half underlying earnings, has been cutting costs and is looking to sell non-core businesses as part of a strategy to boost profits.
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Ben Handel, a healthcare economist from UC Berkeley, adds that strategies for cutting costs don't need to be limited to just drugs: "Those things could be applied to the health sector overall," he says.
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Chilean production, meanwhile, has been trending lower at an accelerating pace this year and Codelco, the country's top producer, has switched its attention to cutting costs with serious implications for medium-term production prospects.
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Rather, the investigators said the company had been more focused on cutting costs from 2004, when it admitted to conducting secret recalls, which squeezed the resources engine designers needed to keep the company competitive.
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However, he said the company, which has stayed in profit in the last two years after reporting a loss in 2013, was cutting costs to adjust to a market that saw falling steel prices.
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The company said it had asked Stone to lead the business in implementing a new strategy, with a focus on prioritising cashflow and dividends, slowing down build rates, reducing land spend, and cutting costs.
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Exchange-traded funds that build portfolios mirroring the composition of stock indices — thus cutting costs for investors — have seen a massive boost in popularity, increasing the importance of belonging to a high-profile index.
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Brokerages are more subdued about prospects for this year after the stock market slump last year, with many cutting costs to boost capital and expecting to take a hit from tougher margin finance rules.
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"It's still in a reasonably okay position, they've got a lot of liquidity, capital position is okay... they're cutting costs in the UK, so I think this kind of stuff helped them," he said.
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In its report after the accident, Canada's Transportation Safety Board portrayed the company responsible, the now-defunct Montreal, Maine and Atlantic, as a threadbare operation at which saving time and cutting costs trumped safety.
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Commerzbank has been restructuring ever since an ill-timed acquisition of Dresdner Bank for 9.8 billion euros in 2008, cutting costs, slashing jobs, closing hundreds of retail branches and reining in its investment banking.
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The company, which has been cutting costs since its takeover bid for rival Hershey fell apart last August, said selling, general and administrative expenses fell about 13.1 percent to $1.45 billion in the quarter.
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Their average return on equity, a measure of income generated with shareholders' money, stands at 18.6 percent, nearly double global peers - many of which are already cutting costs as they grapple with digital newcomers.
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So, something like Molson Coors is a good example, because they have a lot of internal levers going on, buying the rest of the Miller business and cutting costs, which is very positive for them.
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Pemex Chief Executive Officer Jose Antonio Gonzalez Anaya said the company is evaluating options to optimize processes and improve its finances, which have been hit by falling oil prices, by cutting costs and reducing liabilities.
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Magazine monolith and GQ parent company Condé Nast, now under the leadership of former Pandora chief Roger Lynch, has been trying to recoup losses by cutting costs and redefining its business for the digital era.
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During the meeting, Eskom's board presented a report on the implementation of the utility's turnaround plan that includes cutting costs, driving efficiencies and increasing revenue through, among other factors, higher collection rates, the presidency said.
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SAS is in the midst of renewing an elderly and fuel-intensive fleet after spending years cutting costs in the face of cut-price competition from budget carriers such as Norwegian Air Shuttle and Ryanair.
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That would have been some four times the estimate Tokyo had made when it won the bidding in 2013, and prompted a worried IOC and local organizers to form a working group on cutting costs.
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It's thanks to a series of measures that included substantially cutting costs, lifting deliveries to record levels and dipping into a pool of money that it had been required to set aside, Mr. Boudette notes.
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Bond investors said the company's problems have been compounded by the loss of top managers and little evidence that a turnaround plan, that also includes expanding deeper in Europe and cutting costs, was bearing fruit.
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Attempts to boost revenue and usage while cutting costs could be signs the management team is trying to get the books in better shape to both attract a buyer and sell at a better price.
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It gave no specific details, but a spokeswoman said Sony was pressing ahead with a turnaround plan, strengthening markets outside the United States, including India and China, bolstering income from intellectual property and cutting costs.
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"Unfortunately, the intensity of competition has not eased during the fourth quarter," Chief Financial Officer Bernhard Guenther told journalists during a call, adding that cutting costs was not enough to offset the tough market environment.
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Faced with weak profits and calls to be broken up, the 126-year-old company is aggressively cutting costs, selling businesses and trying to strengthen its balance sheet under new managers and a new board.
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In previous reviews, banks were willing to offer borrowers some leeway, encouraged by producers' hedges against falling prices and their ability to keep cutting costs in step with crude's slide that began in mid-2014.
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That would have been some four times the estimate Tokyo had made when it won the bidding in 2013, and prompted a worried IOC and local organisers to form a working group on cutting costs.
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Thomson Reuters StarMine data show 60 percent of companies on the STOXX 600 index have met or beaten forecasts with their quarterly earnings so far, in many cases by cutting costs to offset falling revenues.
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JERUSALEM (Reuters) - Teva Pharmaceutical Industries said on Tuesday it planned to raise $5 billion of debt securities as it pushes ahead with a global overhaul aimed at cutting costs and managing its massive debt burden.
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Industry executives at the 35th annual conference painted a picture of an industry cutting costs, trimming capital expenditure, holding off on long-term projects, shutting down less efficient operations and facing a tighter financing environment.
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Cutting costs at troubled state entities such as Eskom is a top priority for Ramaphosa, and the unrest will test his administration's commitment to reforms aimed at putting a struggling economy on sustained growth path.
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Jet had told staff this month it was running out of money, a source had told Reuters, but the airline had denied this and said it was confident of cutting costs and keeping planes flying.
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The fallout from the summer turmoil means brokerages are more subdued about prospects for this year, with many cutting costs to bolster capital and expecting to take a hit from tougher rules on margin finance.
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To get out of the red, cutting costs related to "wants," such as daily coffees and late-night rides home from Uber, is an important first step, because those convenience traps can add up quick.
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With a slick design that will allow truckers to stand in the cab, Musk and his team have said the electric Semis will give drivers a much better experience, while improving safety and cutting costs.
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For while most European banks are battling sluggish economic growth and super low interest rates by cutting costs and retreating to their "core", French lenders have decided the time is right to push the frontiers.
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BERLIN (Reuters) - Eurowings outlined plans for new routes from Munich on Wednesday, maintaining its rapid expansion but raising concerns that the budget airline owned by Germany's Lufthansa is not paying enough attention to cutting costs.
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The bank confirmed its target of cutting costs by a net 2.1 billion francs by the end of 2017 versus 2013, saying it had saved 1.8 billion francs by the end of the second quarter.
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According to them, Vivendi, which had previously praised Cattaneo for cutting costs at the indebted Italian firm, grew unhappy after he became embroiled in a row with Italy's government over the rollout of ultrafast broadband.
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But employees there and at other publications have accused the company of using layoffs as a first resort when cutting costs — "a dehumanizing way to handle a delicate situation," one Herald worker wrote on Medium.
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During the last contract negotiations, four years ago, Mr. Gelb tried to address the Met's structural problems by aggressively cutting costs — leading the sides to a bitter public feud and the brink of a lockout.
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IAG said that it was cutting costs and implementing revenue initiatives to help it weather the storm, following rival airlines such as Germany's Lufthansa and Amsterdam-based KLM which have cut costs in recent days.
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Now, they are cutting costs, sending staff on leave and temporarily laying off employees, grounding planes, and suspending routes as they grapple with what is potentially the greatest existential threat they've faced in modern times.
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For that, consider the 11-month tenure of CEO John Flannery, who has been at work cutting costs, reviewing GE's strategy and selling off parts of the company to re-balance the industrial's asset base.
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Since the start of the financial crisis, life in companies outside the financial sector has become increasingly attractive for senior bankers, whose jobs now involve dealing more with restructuring plans, cutting costs and compliance work.
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As the Fordham law professor Jed Handelsman Shugerman explains it, the story is really about cutting costs, weeding out cronyism and reining in radical Republican lawyers who wanted to aggressively enforce the policies of Reconstruction.
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While Mondelez, the maker of Cadbury chocolates run by Irene Rosenfeld, has been cutting costs since it was spun out of Kraft four years ago, it is still not as profitable as its former parent.
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IDBI announced the plan, which will also include curbing its rising corporate loan book and cutting costs, on the day when Moody's Investor Service became the second rating agency to downgrade its debt this week.
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WARSAW, Sept 24 (Reuters) - Poland's financially struggling Getin Noble Bank plans to let go up to 320 people, as part of a restructuring process aimed at cutting costs, it said on Tuesday in a statement.
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Achieving the $0.25-per-watt goal, Sivaram and Kann argue, will require the solar industry to broaden its focus: not just ruthlessly cutting costs for existing technology but also plunking down money on future ideas.
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Such strategies include accepting lower profit margins; cutting costs - including wages and jobs for U.S. workers; deferring any potential wage hikes, as well as passing on tariff costs through higher prices for U.S. consumers or companies.
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Republicans wanted to repeal and replace Obamacare because, in theory, they had something better — something people would like more, and that would achieve their goals of cutting costs and creating a real market in health insurance.
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Kohl's CEO Michelle Gass told CNBC on Wednesday that partnering with companies, such as Planet Fitness and Amazon, will be integral to cutting costs and rightsizing its stores in efforts to drive traffic and grow sales.
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Called as an expert witness for the Mississippi inmates, Eldon Vail, the former state prisons chief in Washington State, told the court that the focus on cutting costs had sent East Mississippi into a downward spiral.
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"Hence the reason for my haircut - that's the theme for 21, it's all going to be about cutting costs," said the Irishman, who encourages a focus on financial results by telling staff "show me the money".
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Bazin, who took over in August 2013, has been cutting costs and expanding in China and the luxury hotels market, with AccorHotels having bought FRHI Holdings, the owner of London's Savoy and New York's Plaza hotels.
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Leon Rodriguez, USCIS director under Trump's predecessor Barack Obama, said the shift may have been aimed at cutting costs and that most duties now performed internationally by USCIS likely will be delegated to U.S. consulates abroad.
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The bank's chief financial officer, Marcus Schneck, further added that the bank was working hard on cutting costs, adding that the bank had brought compensations down, driven by smaller bonuses, and had reduced its operational costs.
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Companies have been selling assets, cutting costs or downsizing to conserve cash, but raising funds has been a challenge for the oil and gas, homebuilding, transportation, telecommunications and media, and metals and mining industries, Moody's said.
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Saligram's appointment comes at a time when Newell has laid out a $10 billion divestiture plan aimed at streamlining operations and cutting costs after more than doubling in size following its 2016 acquisition of Jarden Corp.
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Jet Airways told staff earlier this month it was running out of money, a source had told Reuters, but it has denied this and said it is confident of cutting costs and keeping its planes flying.
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Jet also told staff earlier this month it was running out of money, a source had told Reuters, but it has denied this and said it is confident of cutting costs and keeping its planes flying.
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Measures such as cutting costs on packaging and presentation of products—for example, using packets instead of bottles—helped reduce costs, making products more appealing for EM consumers, he said —Follow CNBC International on and Facebook.
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Goldcorp in January laid out an ambitious growth plan that included increasing production as well as yet-to-be-mined reserves by 20 percent over the next five years and cutting costs by the same amount.
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Compass, which provides meals for office workers, armed forces and school children in more than 50 countries, has in the past year been cutting costs and focusing on its food business, while reducing non-core operations.
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Once, briefly, the world's largest bank by assets, RBS has spent the eight years since its 243 billion pound ($22.75 billion) government bailout cutting costs, reorganising its businesses and wading through a series of legal scandals.
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The 78-year-old Pizarro, who has spearheaded the expansion of the company´s sprawling Chuquicamata mine and is credited with cutting costs at the once-bloated miner, was widely expected to leave Codelco this year.
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Kier, which has a net debt of about 624 million pounds, has been cutting costs and looking to sell its non-core businesses as part of a turnaround strategy aimed at boosting profits and reducing debt.
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A deal would offer opportunities to combine marketing, manufacturing and distribution in addition to cutting costs, but some industry analysts said Kraft might not want Unilever's household and personal goods brands and could spin them off.
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The owner of the Daily Mirror, which has been cutting costs to counter a fall in circulation and print advertising, said group revenue was expected to fall about 9 percent on a like-for-like basis.
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Gol said the plan was aimed at cutting costs, improving corporate governance, and removing the pressure of unrealistic analyst forecasts from the loyalty program, in which Brazil's biggest domestic carrier still holds a 53 percent stake.
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At its next board meeting, the lender will present the 2018 budget, confirming targets set out in its industrial plan and focused on cutting costs, CEO Paolo Fiorentino told MF in an interview published on Saturday.
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Schlumberger NV said in earnings release on Friday it will remain cautious in adding capacity even after energy firms show signs of recovery since it believes the industry will continue cutting costs through the coming quarter.
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If celebrating Valentine's Day a day late just won't do, Glaser suggests cutting costs by opting for flowers other than roses, like lilies and tulips, making a romantic meal at home and choosing pearls over diamonds.
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In an open letter to Monster's board of directors, MediaNews Vice President Joe Anto said Monster could boost its share price to $6 to $8 per share by cutting costs, selling assets and changing strategic direction.
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Norwegian has curbed its rapid growth this year to focus instead on cutting costs and turning a profit amid stiff competition, while also raising 3 billion crowns ($349.71 million) from shareholders to boost its balance sheet.
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The company does have other options, including selling refurbished handsets (something that the government has so far blocked), cutting costs by making smartphones locally (which Chinese firm Lenovo has been trying), and subsidizing handsets through carriers.
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COPENHAGEN, April 28 (Reuters) - Denmark's biggest lender, Danske Bank, reported much better-than-expected first-quarter results on Friday, outperforming its Nordic rivals as it weathered negative interest rates by snatching market share and cutting costs.
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American Express is expected to report a decline in profit as it continues to look beyond cutting costs to improve profit to make up for losing a lucrative contract with warehouse club retailer Costco Wholesale Corp.
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His final days at AthenaHealth were dark, not just because he was being pushed out by an investor that was intent on cutting costs through layoffs, but also as allegations of bad behavior began to surface.
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Chief Executive Patrick Pouyanne said Total was reaping the benefit of cutting costs more quickly than competitors following the start of an oil price rout in 2014, and of focusing on projects with lower production costs.
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Under Mackenzie's tenure, BHP has grappled with investor pressure to consider drastic changes in management to tackle challenges like cutting costs, a return to lower iron ore prices, and reputational damage after a Brazil dam disaster.
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Chapter 11 bankruptcy is also known as "reorganization" bankruptcy: businesses reorganize their budgets in order to create a plan for paying off creditors over time, which usually involves cutting costs to funnel money toward debt payments.
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Instead, delegates and speakers at an annual gathering of the copper industry in Chile have come to the conclusion that a focus on cutting costs to survive low prices will dominate the agenda for some time.
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China's vow to stop buying U.S. agricultural goods comes at a dire time for farmers, who have been cutting costs and picking up side-hustles — like hosting pizza nights for agri-tourists — to make ends meet.
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Late last year, Herbert told a conference in Abu Dhabi that global deflation and lower prices of goods and services should help the company to be able to invest in long-term growth while cutting costs.
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Camus' 2020-2023 strategy focused on boosting earnings per share, cutting costs and selling assets, but he declined to say which assets the firm may sell and gave no date for a long-awaited dividend increase.
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The company, which has been cutting costs since its spin off from chemical conglomerate DowDupont in June, said it saved about $50 million in the quarter and was on track to deliver $1.2 billion by 2021.
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When Hood stepped up to replace Peter Klein as finance chief in 2013, becoming the first woman to hold that role in company history, the strategy seemed to be less about growing revenue than cutting costs.
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To maintain its dominance over competitors in the United States and Australia, QP is cutting costs at its domestic operations and seeking to expand overseas through joint ventures with international oil firms, QP said in February.
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"The UK Consumer division is leaking cash and customers... And while it's slowing, the loss of customers needs to be arrested fast – cutting costs is working for now but is not sustainable longer term," said Wilson.
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Such strategies include accepting lower profit margins; cutting costs - including wages and jobs for U.S. workers; deferring any potential wage hikes, in addition to passing on tariff costs through higher prices for U.S. consumers or companies.
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Packaged food companies are struggling to adjust to consumers' growing appetite for fresh, local foods, and Nestle and its peers are trying to boost performance by cutting costs, shedding underperformers and diversifying into premium and health foods.
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Best known in Britain for its More Than brand, RSA has been selling businesses and cutting costs under Stephen Hester, the former boss of Royal Bank of Scotland who joined in 2014 to overhaul the insurance company.
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The fallout from the market turmoil last summer means brokerages are more subdued about prospects for this year, with many cutting costs to bolster capital and expecting to take a hit from tougher rules on margin finance.
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The company, which currently has nearly 300 staff in France, has appointed advisory firm Long Term Partners to conduct an audit and has been cutting costs as a result, closing several non-profitable stores, the sources said.
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AS have been buying and selling brands and cutting costs to try to improve performance and regain the favor of health-conscious consumers who prefer fresh foods and independent labels to packaged Maggi soups and Buitoni pizzas.
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CEO Bazin, who took over in August 2013, has been cutting costs and expanding in China and the luxury hotels market, with AccorHotels having bought FRHI Holdings, the owner of London's Savoy and New York's Plaza hotels.
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In its statement on Thursday, Alitalia said it needed to overhaul its business model by developing its long-haul network, reshaping its short- and medium-range business, cutting costs and jobs and agreeing commercial agreements and partnerships.
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Analysts said they expected Alexandre Bompard, who joined in July, to take tough decisions to turn around a weak business in France, including cutting costs at the struggling hypermarkets while stepping up investment to accelerate online expansion.
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SNC is also cutting costs and is weighing options to increase shareholder value and announced its exit from 15 countries here earlier this year and reported a surprise quarterly loss in its main engineering and construction unit.
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According to Lyft's top brass, this innovation isn't about cutting costs of paying human drivers, it's essentially about creating a world more suited for human travel and one wherein car ownership is a thing of the past.
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The San Francisco-based startup has been through its share of bumps along the way, cutting 20 percent of its workforce in 2015 and going through a period of cutting costs to slow down its burn rate.
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Cattaneo, who previously won praise from Vivendi for cutting costs at the indebted Italian firm he has led for just over a year, has been embroiled in a row with Italy's government over rollout of ultrafast broadband.
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The 135-year-old group said in May last year it was targeting sustainable, profitable growth in three to five years by closing weaker stores, re-shaping its clothing and food businesses, cutting costs and overhauling technology.
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Yet some parties remained unconvinced that the language in question obscures the fact that eliminating jobs is still a human decision, and one very often made by executives with an eye to cutting costs and growing profits.
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More insight here Kohl's CEO Michelle Gass told CNBC that partnering with companies, such as Planet Fitness and Amazon, will be integral to cutting costs and rightsizing its stores in efforts to drive traffic and grow sales.
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Despite cutting costs over the past several years, "We are again in the position where the Department of Corrections must make significant reductions because of the dire budget forecast," Corrections Secretary John Wetzel said in a statement.
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Basin has been cutting costs and expanding in China and the luxury hotels market, with AccorHotels having bought FRHI Holdings, the owner of London's Savoy and New York's Plaza hotels as well as Australian hotel group Mantra.
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Hammered out under pressure from activist investors, most notably Trian Partners, a New York hedge fund, the merger is designed to boost investors' returns by combining the competing businesses of the two, cutting costs in the process.
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Lufthansa has reacted to tough competition in Europe by cutting costs further and boosting flexibility and announcing a turnaround plan in June for Eurowings, which it said on Thursday would reduce its capacity in the winter timetable.
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Shortly thereafter, the Saudi oil minister flew to Houston and announced that his country had no plans to reduce production and that the marketplace would muscle higher-cost oil producers into either cutting costs or liquidating. Huh?
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Statoil's giant Johan Sverdrup field, the largest North Sea oil find in three decades which is due to start production in 20163, is a leading industry case study for cutting costs in the era of cheap oil.
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Amid growing conversations about reducing carbon emissions and cutting costs for air travel, Randy Tinseth, the vice president of marketing at Boeing Commercial Airplanes, honed in on the technology that's been hyped as capable of revolutionizing transport.
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The IOC is keen for Tokyo to set a good example by cutting costs in order to attract future candidate cities but Coates stressed that the second version of the budget was not solely about reducing costs.
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Specifically, Warren wants to regulate private equity firms and investment companies that make money by buying companies including local newspapers, cutting costs by shedding staff and resources, and selling the shell of that company for a profit.
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The union was accused last year of having been involved in a scheme in which automaker Fiat Chrysler allegedly bribed top UAW executives to allow newer workers to be paid at a lower rate, thereby cutting costs.
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Finland's national airline also said on Friday was scrapping its capacity growth target for this year, and would look into cutting costs by 40-50 million euros ($44-54 million), with measures under consideration including temporary layoffs.
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Despite an elaborate reorganization aimed at cutting costs, reducing debt and better aligning the businesses with investors, Mr. Crane was pushed out in 2015, and replaced by Mauricio Gutierrez, the executive vice president and chief operating officer.
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The group plans to cut costs by 22020 billion euros ($21 billion) by 20.9137 compared to 2018, cutting costs by an additional 250 million every year, with nearly half of these savings already in place by 2021.
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Arabtec Holding rebounded 20.1%, following a 21% slide in previous session after it said it is closely working with "key lenders" to align its debt with its business needs and is cutting costs by reducing its workforce.
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But he will be under scrutiny replacing Irishman Walsh, one of the most high-profile figures in British industry over the last 20 years, a dealmaker who made his name standing up to unions and cutting costs.
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But he will be under scrutiny replacing Irishman Walsh, one of the most high-profile figures in British industry over the last 21 years, a dealmaker who made his name standing up to unions and cutting costs.
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Republicans said they appreciated Wolf's attention to cutting costs but questioned proposals for one-time revenues and the apparent lack of solutions for the state's underfunded public pension system, growth in Medicaid spending and long-term spending.
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ADCT proposed that Tereos focus on its sugar and starch activities in Europe and sugar in Brazil while cutting costs and net debt through the sale of peripheral and remote assets accounting for 3% of total sales.
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The company has been cutting costs to remodel itself under its latest chief executive officer George Sherman, but investors are pessimistic that its core business of selling physical video games and hardware consoles can get back on track.
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The most perceptive leaders understand, however, that the real benefits come from the increased productivity and innovative ideas the open-office layout can foster, influencing the bottom line in a much more significant way than simply cutting costs.
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Rossi said 60 percent of the Dresser-Rand synergies would come from cutting costs, in particular closing eight sites and increasing low-cost manufacturing in India and China, with the rest coming from revenue synergies including cross-selling.
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HIGH-RISK STRATEGY Although RBS always had a bigger challenge in rebuilding after the crisis, the two banks faced similar tasks in reducing their global footprint, cutting costs and disposing of businesses to comply with state-aid rules.
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Kraft, backed by Warren Buffett and private equity firm 13G, had wanted to buy Unilever, which is being advised by Centerview following the approach, as part of its strategy of buying competitors and cutting costs to drive profits.
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The participation of key players in the platform, launched last year in collaboration with IBM, is seen as crucial for cutting costs in an industry that has seen little innovation since the container was invented in the 1950s.
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Qantas also introduced Netflix, cable television service Foxtel, and Spotify on its Wi-Fi enabled flights earlier this year, potentially reducing the need for it to install in-flight entertainment systems on the back of seats, cutting costs.
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The generation utilities that sell into wholesale electricity markets (also under pressure from falling power prices; thanks to natural gas and renewables, wholesale power prices are down 70 percent from 2007) have reacted by cutting costs and merging.
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The auto industry and technology companies are racing to develop self-driving technology, which they expect in a number of years will transform transportation, cutting costs of ride services and changing the way people buy and use cars.
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The company has been cutting costs in Asia Pacific, growing its high-margin private-label business and improving its online sales since 2015, when Lindsley Ruth took over as CEO and was tasked to turn around the business.
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Although on March 13th VW postponed plans to spin off its lorry-making division, the company has promised more details on other restrucuring efforts, such as cutting costs and unlocking the firm's "huge conlgomerate discount", in the summer.
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It delivered its worst annual sales performance since the financial crisis in 2017 after being squeezed by tech giants Facebook and Google, consultants Accenture and the big spending groups like Unilever and P&G which are cutting costs.
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City officials said that without the funds they would have to look into cutting costs before the June 30 budget deadline, and may try to put the proposal, known as Proposition P, on the ballot again in August.
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The diversified industrial company sees scope to continue cutting costs and remains on track to deliver $2 per share in adjusted earnings in 2018, Immelt said during a conference call following the release of GE's third-quarter earnings.
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Myer, which was founded on the back of the country's gold rush more than a century ago, is cutting costs and boosting its online presence which allowed it to swing into a modest first half profit in January.
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The cosmetics maker also said it would cut 900 to 1,200 jobs, or 2.5 percent of its workforce, as part of a new restructuring plan aimed at cutting costs and improving R&D, supply chain and e-commerce.
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SAS has been cutting costs for the best part of a decade and is renewing its elderly and fuel-intensive fleet in the face of cut-price competition from budget carriers such as Norwegian Air Shuttle and Ryanair.
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"Our research indicates that the oil and gas industry is becoming more confident that its successful focus on cutting costs and building new efficiencies into the value chain will last," DNV Oil & Gas Chief Executive Liv Hovem said.
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Or it could simply be that Trump wants to make a big show of cutting costs for programs he doesn't think are vital, like updating Air Force One, versus ones he thinks are more essential for our survival.
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NORWAY: Norwegian aluminium maker Norsk Hydro plans to transfer energy-saving technology from a pilot project to primary smelters in the next five to six years, boosting output and cutting costs, the company's head of technology told Reuters.
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Shares in Norwegian Air, which is cutting costs to try and return to profit, surged 10% on the news before giving up some gains to trade up 3.8% by 1248 GMT, outperforming an Oslo benchmark index up 0.6%.
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Shares in Norwegian Air, which is cutting costs to try and return to profit, surged 10% on the news before giving up some gains to trade up 4.1% by 1142 GMT, outperforming an Oslo benchmark index up 0.6%.
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Last year, the miner had announced a review of operations at Mt Cattlin to focus on cutting costs and had then decided to scale back output by about 40% to preserve resource life and maintain positive cash margins.
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Carrefour, which has a purchasing alliance with Britain's Tesco and is cutting costs, as well as repositioning its business in its core French market, said that it expected its 13 recurring operating profit to reach 2.090 billion euros.
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However, an escalating trade war between the United States and China, as well as Britain's likely chaotic exit from the European Union have throttled global economic growth and many companies are cutting costs to cope with the slowdown.
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But the writing had been on the wall for months, and MoviePass did itself no favors when it realized in 2018, with around 3 million monthly subscribers, that it would have to start cutting costs to stay afloat.
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Hudson's Bay, which also owns GALERIA Kaufhof in Europe, is cutting costs and boosting efficiencies as it wrestles with a run of earnings disappointments as consumers shift away from department stores to e-commerce and off-price offerings.
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The launch of a price war between Saudi Arabia and Russia drove oil prices down by about a third on Monday, sending another shockwave through an industry that has been cutting costs since the 2014-2016 price collapse.
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Ford's new strategy gives greater autonomy to the local management team, and will contribute to a global restructuring plan to save $70.1100 billion over the next few years by cutting costs, forming partnerships and investing in new technologies.
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As part of a plan it calls "More Roads to Harley-Davidson", the company expects to spend $675 million-$825 million over the next four years, cutting costs and generating $5.9 billion-$6.4 billion in revenue in 2022.
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Bryan: A lot of other US companies have said that they may have to deal with the increased costs by cutting costs in other areas like labor, so laying off employees, is this something you all have considered?
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Despite solid gains in most businesses last year and more progress on cutting costs, however, the bank run by Brian Moynihan only eked out an annualized return on equity of 7 percent with its $4.7 billion of net income.
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American Express Co is expected to report a decline in first-quarter profit as it continues to look beyond cutting costs to improve profit to make up for losing a lucrative contract with warehouse club retailer Costco Wholesale Corp.
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Once a close adviser of outgoing President Enrique Pena Nieto, Lozoya ran Pemex from 2012 until 2016, when he stepped down to make way for a new chief executive tasked with cutting costs in a global oil market rout.
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Elon Musk's company sued for…Read more ReadThe competition from SpaceX is already forcing the ULA to step up its game, overhauling the rocket fleet and cutting costs—exactly what you expect from a monopolist suddenly forced to compete.
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After deciding which of our legacy brands to divest, my next step would be to publicly announce that we will shift focus away from cutting costs and towards investing in a culture of innovation to actually grow the business.
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Wal-Mart added to Asda's problems by diverting key executives from Britain to the United States and focusing too much on cutting costs and maximizing short-term profit at the expense of investing to protect market share, analysts said.
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Trade ministers from the European Union, China and 16 other WTO members including the United States and Japan hope to agree a list of environment-related products that will have their import tariffs scrapped, cutting costs and boosting sales.
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The outlook was made as LafargeHolcim prepared for its first investor day on Wednesday under Chief Executive Jan Jenisch in the British city of Birmingham, as he focuses on cutting costs, concentrating on certain markets and making small acquisitions.
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"Cutting costs will help improve firms' ability to cope with the impact of economic slowdown, shorten the period of economic adjustments and allow the economy to enter a new cycle," said Li Huiyong, an economist at Shenyin & Wanguo Securities.
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LONDON (Reuters) - Lloyd's of London will focus on cutting costs and improving its underwriting performance after a series of natural catastrophes pushed the specialist insurance market into a 2 billion pound ($2.81 billion) loss, its first in six years.
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Dick's also warned it is facing a "challenging retail environment" and is focused on cutting costs and streamlining operations — even as it moves ahead with plans to open new stores — in an attempt to turn a negative narrative around.
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While blockchain is best known as the digital transactions technology that underpins cryptocurrency bitcoin, it can also be harnessed to track, record and transfer assets across all manner of industries, potentially smoothing operations, cutting costs and improving cash management.
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The auto industry and technology companies are racing to develop self-driving technology, which in the years to come is expected to transform transportation by cutting costs of ride services and changing the way people buy and use cars.
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"They have done everything possible, cutting costs and making the company smaller, but oil prices have to be higher for them to remain solvent," said a trader, who said the bonds were trading in the 13 to 14 range.
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The company, which already achieved its goal of cutting costs by $2.4 billion, is now looking for overseas assets in the U.S. Gulf Coast, Brazil, Argentina and Mexico to increase its portfolio of light crude reserves and natural gas.
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The new board leaders will mark a generational shift for mining companies that have spent the time since commodities prices slumped in 2015 and early 2016 cutting costs, selling off assets and restructuring their businesses to boost cash flow.
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Despite solid gains in most businesses last year and more progress on cutting costs, however, the bank, run by Brian Moynihan, eked out an annualized return on equity of only 7 percent with its $4.7 billion of net income.
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Harmening said General Mills was moving urgently to reduce costs, hoping to minimize damage to full-year earnings and protect 2019 profits by improving its distribution network, cutting costs globally and finding ways to eke out better product margins.
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The majority state-owned bank said it would take actions including selling non-core loans, cutting costs and reducing assets across the bank which together should make up the capital shortfall but it could have to take further action.
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The airline's capacity expansion, as measured by available seat km (ASK), peaked at 51% growth year-on-year in June 2018 but has since plummeted, hitting just 1% last month amid the focus on preserving cash and cutting costs.
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To its credit, the company is cutting costs and aggressively trying to build its digital operations, as seen in part by a one-third increase in online advertising revenue last quarter, while expanding short-form video and ad technology.
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Questions about the future of asset management - especially for "active" managers that pick the investments in their funds as opposed to "passive" funds following an index - have prompted a wave of dealmaking aimed at gaining scale and cutting costs.
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The consultants, three people who worked on the project said, seemed focused solely on cutting costs and speeding up deportations — actions whose success could be measured in numbers — with little acknowledgment that these policies affected thousands of human beings.
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Schram, 57, will be tasked with cutting costs and making the airline profitable again after a breakneck expansion left it with hefty losses and high debts, forcing it to repeatedly ask shareholders for new funds to stave off collapse.
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The Minneapolis-based company, which owns the Häagen-Dazs and Betty Crocker brands, said it would try to strengthen next year's earnings by improving its distribution network, cutting costs globally and finding ways to eke out better product margins.
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New York (CNN Business)It seems that Kraft Heinz was so focused on cutting costs that it forgot the most important thing for a food company to do: Make tasty products that people actually want to buy and eat.
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Natixis is near to completing a restructuring aimed at cutting costs and has been focusing on so-called asset-light businesses, such as asset management, insurance and payment services, in an effort to adapt to tougher European capital requirements.
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With a definitive agreement in place, France's PSA and Italian-American Fiat Chrysler Automobiles (FCA) will now start work on how to reach a target of cutting costs by 3.7 billion euros ($4.1 billion) each year without closing factories.
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Mr. Rothman and Mr. Vinciquerra have turned movies into an unexpected engine by cutting costs and focusing more intently on all-audience "tent pole" fantasies like "Jumanji: Welcome to the Jungle," which took in $962 million worldwide in 2017.
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Both industries say that they have been preparing for this eventuality for years by cutting costs, but that changing the rules so suddenly in the current tax bill would have created major disruptions for projects that are already underway.
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The consultancy took about 21945 firms and labelled some as short-termist if they exhibited five habits: investing relatively little, cutting costs to boost margins, initiating lots of buy-backs, booking sales before customers pay and hitting quarterly profit forecasts.
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"Purely on fundamentals, we don't see a lot of value in large caps – our thesis can change if we see top corporates delivering earnings growth, either by way of stimulating demand through lower prices or cutting costs aggressively," he said.
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Staffan Truvé, Chief Technology Officer at Recorded Future, says that, as AI matures and becomes more of a commodity, the "bad guys," as he puts it, will start using it to improve the performance of attacks, while also cutting costs.
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The company expects to invest 2 billion euros next year in the improvement of its delivery network and in repositioning Stop & Shop, its largest U.S. brand, while cutting costs by a total of 1.8 billion euros in the coming three years.
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FRANKFURT, Feb 22 (Reuters) - Small German banks must adapt their business models to an environment of low interest rates by focussing, for example, more on commissions and cutting costs, one of the European Central Bank's top banking watchdogs said on Monday.
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AT&T has over $170 billion in debt, but has suggested it will be able to pay off a good chunk of that with its usual profits, by cutting costs, and by offloading assets like WarnerMedia's 10 percent stake in Hulu.
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The proposed deal, which will unwind Santander's listing of 22019 percent of the bank on the Mexican stock exchange in 22018, shows how the Spanish bank aims to focus more on emerging economies while cutting costs in mature markets in Europe.
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OSLO, Nov 30 (Reuters) - Centrica and partners will invest 5.4 billion Norwegian crowns ($629.65 million) in the development of the Oda oilfield off Norway after cutting costs by around 45 percent compared to initial estimates, the British utility said on Tuesday.
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The move highlights nascent investor pressure on the world's biggest miner to consider drastic changes in management to tackle challenges like cutting costs, an eventual return to lower iron ore prices, and rebuilding its reputation after a Brazil dam disaster.
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The Canadian retailer has been working with investment bank PJ Solomon Co for advice on potential deals regarding its department store portfolio, and is also working with consulting firm AlixPartners LLP on cutting costs and reforming its business, the sources said.
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The move highlights nascent investor pressure on the world's biggest miner to consider drastic changes in management to tackle challenges such as cutting costs, an eventual return to lower iron ore prices, and rebuilding its reputation after a Brazil dam disaster.
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Oscar's hope is that it can take narrow networks to the next level; rather than simply cutting costs, Oscar wants to use a narrow network to improve patient experience by deeply integrating with the hospitals and doctors it works with.
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As the New York Times' Kevin Roose reported from Davos, the world's business leaders are rather eager to implement automation—they see those robots as a chief means of staying ahead of the competition, of improving profit margins, of cutting costs.
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Jet, India's biggest full-service carrier, told staff earlier this month it was running out of money, a source had told Reuters, but it has denied this and said it is confident of cutting costs and keeping its planes flying.
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Norwegian has shaken up long-haul rivals by offering cut-price transatlantic fares, but its rapid expansion has left it with hefty losses and high debts, leading it to shift recently to focus on cutting costs and bolstering its finances.
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A contracting economy and a persistently low oil price have severely hurt the country's budget, so officials are seeking to draw more revenue from domestic energy companies — instead of severely cutting costs, which Moscow fears could bring dire political consequences.
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In the face of sluggish or zero growth for its core networks business, Ericsson is cutting costs to boost profitability and said on Thursday it was on track to reach the promised 9 billion crowns in annual savings by 2017.
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The firm, controlled by Norwegian billionaire Kjell Inge Roekke's Aker, set a goal of cutting costs to a level where the firm would be able to approve new stand-alone developments "even with oil prices falling below $21 per barrel".
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LONDON (Reuters) - Big oil firms would face increased credit rating downgrade pressures if crude prices stayed below $50 a barrel on average until the end of 2018 and they did not compensate by cutting costs, S&P Global said on Wednesday.
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Nevertheless, EssilorLuxottica predicted sales growth of 3.5-5.0 percent this year at constant exchange rates and stuck to its aim of achieving annual savings of up to 600 million euros within five years by improving products, logistics and cutting costs.
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Gazprom deputy head Alexander Medvedev said there was no need for a price war over European gas markets, although if liquefied natural gas product costs and prices in the United States fell, Gazprom would have to respond by cutting costs.
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Eskom provides more than 90 percent of the power for Africa's most industrialised economy, but the state-owned utility has been hit by labour unrest over wage talks as it tries to reverse a decade of financial decline by cutting costs.
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But the fact that there was a spending increase at all flew in the face of a longstanding belief, and hope, that retail health clinics could be tool in reining in total U.S. health spending by cutting costs per user.
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Mr Diess said VW would become a leader in three stages: from now until 2020, the focus is on improving profitability by cutting costs, enhancing productivity by 25 per cent, and achieving operating margins of at least 4 per cent.
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Earlier this month, Starboard Capital urged Macy's to follow through with plans to spin off its real estate holdings in order to raise more cash at a time when the retailer is restructuring, cutting costs and closing a number of stores.
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"Buechner has been responsible for overseeing the successful transformation of the business, including portfolio reshaping ..., de-risking of the pension funds, cutting costs and driving efficiency gains that have raised both margins and returns," Morgan Stanley analyst wrote in a note.
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BERLIN, Oct 19 (Reuters) - Volkswagen's brand management has agreed with labour leaders on cutting costs at the core autos division by between 5 and 6 billion euros ($5.5-6.6 billion) by 2025 at the latest, Manager Magazin reported on Wednesday.
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Soeder, whose Christian Social Union (CSU) governs the southern state of Bavaria and is allied with Chancellor Angela Merkel, told Die Welt newspaper that the EU should compensate for the missing British payments into its budget by cutting costs instead.
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There are those who want to expand coverage, those who think coverage is a liberal construct and the correct focus should be on cutting costs, and those who don't think the government should be involved in health care at all.
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Italy's biggest bank is beginning to reap the benefits of years of restructuring under Chief Executive Jean Pierre Mustier, who took over in mid-13 and embarked on a balance-sheet clean up, cutting costs and shedding non-core assets.
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