Page 86 - Cost Structure News Today

Its bakers union to agree to mediation today before liquidation. the ceo of hostess says any deal to keep company alive would have to be cost effective. >> we saw 2 1/2 billion dollars worth of these products. thats lot of twinkies, wonder bread and you name it. its the cost structure. if you cant sell it to make a profit, then youre not in business. >> alisyn: you kind of need a profit. that much ive learned about business. 18,000 jobs are on the line there. hobby lobby lost its initial fight...

>> we sell $2.5 billion of these products. its the cost structure. if you cant sell at a profit then you are not in business. martha: stuart varney joins me now. >> when you try to figure out the future of the twinkie and hostess you have to bear there are mind from elements. in the bankruptcy court hearing the department of justice said this liquidation deal is too sweet for management. some senior managers will get up to 75% of their salary to stick around and wind down the country. too sweet ...

I dont have a lot of faith that actors in the market are. >> do you think its coincidence that laying off in the week after the election. >> weather its coincidence or not doesnt mean its good sound business practice. if you were hoping against hope that mitt romney won. >> laura: they dont want to lay off people if, indeed they are going to be able to keep the people because of the cost structure. why would they want to preemptively lay off people. they want to wait until its absolutely certain...

That actors in the market are. >> do you think its coincidence that laying off in the week after the election. >> weather its coincidence or not doesnt mean its good sound business practice. if you were hoping against hope that mitt romney won. >> laura: they dont want to lay off people if, indeed they are going to be able to keep the people because of the cost structure. why would they want to preemptively lay off people. they want to wait until its absolutely certain that these extra costs and...

>> i think -- i think that was key really to the automotive recovery that president obama negotiated and worked out with the companies. it wasnt just a loan itself, but it was the restructuring of the labor agreements, the whole cost structure. our cost structures are now in line with all of our competitors and it bodes well for future success, and the other piece of it was the ceo and hes brought in some technology to us that we never had before. especially in terms of fuel efficiency and that ...

Jobs outsourced and not a fair shake to make sure a kid or two goes off to china, is it about the facts of whats happening, particularly, for example, the president talked about the domestic tire situation? >> i recognize that emotions are heated and sensitive. im talking about this for years. not that we shouldnt be attending to the jobs of ohio. has been the epicenter of that happening. its where do you put the locust of responsibility for that? whats the cause of it? and im firmly of the beli...

Underserved communities to work with the small businesses within them. over the course of ten weeks, they implement quick books for the business owners and use it is a means to compare the business owners against industry averages as well as identify areas within their business for cost savings. what our program needs is $250,000 so that we can launch this program across the united states serving the underserved communities that need it the most. what you will be doing is investing directly into...

About was a technique of squeezing payrolls. payrolls are 70% of the cost structure of maeost companies. thes easeiest way is to squeeze payrolls, get rid of people, cut benefits, to even cut wages. that is too often exactly what private equity managers do. because you see, theyre not out for the long term. theyre not out for the 20 or 25 years, the new products, the new possibilities. they are out to, in the short term, maximize profits for themselves and for their investors. >> so the connecti...

Over the course of ten weeks, they implement quick books as well as identify airs ya within the business for cost savings. what our program needs is $250,000 so we can launch the program across the united states serving underserved communities that need it most. each business we work with saves money, retains jobs and creates jobs for the economy we are all a part of. thank you very much. i look forward to our next meeting. >> i like that close. i knew that was going to be bood. you guys who wor...

Accept 70s oil shock one in 1973, and america as a society and especially our policies coming out of washington d.c. have not been supportive of business and have not been supportive of what we do to be cost competitive. we presently have well over 20 percent disadvantage on the cost structure designed by policy. >> steve: richard, how do we get the jobs back in the country. >> attack the issue like the good society has done. look at tax reformation and energy and full comprehensive manufacturin...