Panasonic (PC) announced that it was expecting a rebound during the current financial year and that it should turn an operating profit, due to cost cutting bolstering profitability and its television unit.

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Dresdner's cost base is high, while Commerzbank's announcement on Thursday that its retail and commercial banking operating profit was poised for double-digit growth this year, shows that it's doing just fine as is, according to Becker.

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