The company has watched its net profits decline by 72 percent in the latest quarter, and now faces competition not just from Apple but from other Asian rivals as well.
The 820 non-financial firms listed on the Tokyo Stock Exchange's first section, for instance, saw their revenues fall during the financial year that ended on March 31st by an average of 8.9% and their net profits decline by 63.6%.
China is one of Yum's biggest markets and the firm warned that its profits may decline further in 2013.
The current stock prices of CHBT, SB and SRDX imply those companies profits will decline permanently by 50% or more.
For example, the current stock prices of MSFT and ADI imply those companies profits will decline permanently by 10% or more.
About 25.5% said that they expected their sales and profits to decline, decreasing 19.5 points from the large pessimist group of 45% for fiscal 2009.
Profits witnessed a decline of 3% over the same period, however, and missed analyst estimates.
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Certainly, some folks thought so briefly yesterday, when the stock rallied on the earnings report even though profits marked a decline from year-earlier levels.
Downside risk is low as the valuation already implies a permanent 54% decline in profits.
Downside risk is low as the valuation already implies a permanent 35% decline in profits.
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The moves were announced Monday, the first business day after Citi announced a 25% decline in profits for the fourth quarter.
This represented a 5-percent decline in profits compared with the previous quarter but was up from the corresponding quarter of 2011.
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German export numbers came in lower than expected, and ING, the largest Dutch financial services company, reported a 22% decline in profits.
The materials sector, including metal and mining companies, lagged all industries with a 55% drop in profits and 19% decline in market value.
In other words, market expectations, as reflected in the stock price, are for the company to experience a permanent 54% decline in profits.
My response is that even if all of those things happen, it is highly unlikely that INTC will experience a 30% permanent decline in profits.
As I have previously written, the increased demand for disk drives for cloud and network storage is not likely to produce enough new profits to offset the decline in the PC market.
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As far as NBCUniversal is concerned, it is the cable networks and broadcasting business that matter, and they saw a decline in profits due to higher programming costs and lower licensing revenues.
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Not only is the market not giving SanDisk any credit for growth, it is docking the stock with a 35% decline in profits with no potential for growth from that depressed level.
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The studio is next biggest in terms of revenue but generates smaller profits, while the publishing entity is expected to see revenue decline this year while maintaining profits from cost cuts.
And they see banks and some large corporations raking in record profits while wages stagnate or decline.
American multinational corporations saw profits at their China operations decline for the second year in a row.
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Lockheed currently forecasts sales and profits from this segment to decline in single-digit percentage range in 2013, compared to 2012.
But Bank of America reported a decline in quarterly profits after it took another financial hit on bad mortgage debt.
This shift would likely lead to a decline in gross profits for agencies, or for profits to even be eliminated altogether if agencies are asked to work at cost.
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The potential reward of not only keeping profits already made in a rally, but going after more profits from the subsequent market decline, made buying and holding through whatever comes along even less attractive .
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But that was 2009 and this is now: Oshkosh disclosed in late July that results for its fiscal third quarter had deteriorated markedly from the year-earlier period, driven down in large part by a 35 percent decline in defense sales and a 63 percent decline in defense profits.
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In April, Shanghai Dajiang, one of China's largest producers, announced a 40% decline in its 1996 profits.
The decline in PC sales means a decline in revenues and profits, but the problem is actually bigger.
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