At the centre of the group's financial crisis is the performance of the car division, which accounts for some 40% of sales, and which made a whopping euro429m operating loss in the first quarter alone.
The world's biggest consumer electronics maker said a better performance was due to its electronics division, which made 26.2bn yen after a loss of 23.3bn a year ago.
All of those problems caused Bayer's pharmaceutical division to post a small loss this quarter, says Merrill Lynch analyst James Knight.
Think of a company that, say, sells off a division at a loss, incurring a large non-cash charge against its earnings, so the EPS dips temporarily way below the per-share dividend.
At UBS, the board can rescind between 10% and 50% of shares awarded to employees who get a bonus of 2 million swiss francs or more, if the division posts an operating loss.
FORBES: Bankers Will Still Get Their Billions Despite Clawbacks
In November it reported a SFr200m loss and sacked Rami Goldstein, the head of the global equity derivatives division, and a handful of others.
Brooklyn's home loss to Houston kept the Knicks one game ahead of the Nets atop the Atlantic Division.
But Fiat's car division, which accounts for about 40% of the company's sales, racked up an operating loss of 549m euros last year.
And with the bank working hard raise capital through the sale of any non-core or loss-making assets, it was only a matter of time before the insurance division was targeted.
BASF's workforce by 25, 000 over the past six years, to 103, 000, chopping off weak limbs such as the firm's loss-making audio-tape division and adding new operations, such as the importation of Russian gas.
The Nets, coming off a 12-point loss to Atlanta on Sunday, pulled within a half-game of New York in the Atlantic Division, with the Knicks playing later Monday at Utah.
The Buddies were looking to recover from their own Old Firm mauling, a 4-0 loss to Celtic, followed by a Co-operative Insurance Cup exit at the hands of First Division side Ross County.
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