Robert Brust
Robert Brust
challenges company ensure magnitude program worldwide
As we have previously said, the magnitude of the worldwide restructuring program the company is undertaking imposes significant challenges to ensure the appropriate accounting.
beginning business combined conditions countries earnings economic economy economy-and-economics expected further health imaging issues pressures pricing reduce showing signs
Unfortunately, the U.S. economy is showing signs of further slowing, exacerbated by the Sept. 11 attack. We are also beginning to see weakening economic conditions in other countries around the world. In addition, pricing pressures in our health imaging business intensified during the quarter, which combined with operational issues to reduce expected earnings for the quarter.