4 Quotes by Chuck Phillips

He was one of my best friends. He was a great guy. He made a lot of old people happy.

We now expect EPS of 15 cents a share, excluding amortization and charges. Our previous consensus level EPS estimate was 55 cents a share.

This doesn't solve their problems long-term, but you can't continue to run a business and ignore the fact that your top line isn't there, so I think it's a pragmatic move. They probably can't cut their way to prosperity - sooner or later they're going to have to get their revenue line growing.

It's in line with them getting the cost down to the reality of what their revenue opportunities are.