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Companies instituted layoffs, reorganized and reduced dividends to improve their operating statements and they worked to improve their liquidity.
FORBES: Too Much Cash Becomes a Really Serious Business Problem
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His staff runs classes explaining income statements and operating ratios--intended to drive home that Roadway needs to cut costs.
FORBES: Magazine Article
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Mr. Gorman must now indicate his commitment to this deal rather than making ambiguous statements because it is core to his operating philosophy and possibly his position as CEO.
FORBES: Can Morgan Stanley Afford Smith Barney?
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Such statements reflect management's current expectations based on currently available operating, financial and competitive information, but are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those anticipated in or implied by the forward-looking statements.
ENGADGET: Leap Wireless, T-Mobile strike deal to swap spectrum, pending FCC approval
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This call will contain forward-looking statements and other material information regarding the Company's financial and operating results.
ENGADGET: Amazon's Q1 2012 earnings: net income down 35 percent to $130 million, net sales at $13.18 billion
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All forward-looking statements, including, without limitation, management's examination of historical operating trends and data are based upon the Company's expectations and various assumptions.
ENGADGET: Court approves Kodak financing, could exit bankruptcy by mid-2013