61. The company blamed money manager Jay Goldinger and his Beverly Hills, California, firm, Capital Insight, for the losses. 62. The company blamed most of the shortfall on a seasonal slump in demand for video-compression chips used in video-disk player. 63. The company blamed much of the loss on its write down of the value of its generic distribution business and its specialty chemicals operations. 64. The company blamed persistent weakness in the lower-end of the market for backup computer tapes, a slowdown in Europe and the strength of the U.S. dollar. 65. The company blamed plunging Asian currencies, which hit the pockets of consumers in Thailand, Malaysia and Indonesia. 66. The company blamed poor performance in pension income for the drop. 67. The company blamed the continuing weakness of consumer electronics markets in Europe and the U.S. and falling demand from personal computer makers for its semiconductor and personal computer monitors. 68. The company blamed the decline on lower wireless handset sales because of a transition to new models. 69. The company blamed the drop on the impact of strikes in France during the run-up to Christmas. 70. The company blamed the earnings decline on lower prices and slower sales. |