Some analysts speculate that it is a sign of trouble.
The cuts were lower than financial analysts had speculated in recent days.
Some analysts, however, speculated the study could lead to the elimination of about 1,000 jobs.
Analysts have already speculated that the next world war will be over resources rather than political or religious ideology.
Analysts speculate on whether a revolutionary situation is developing in the Soviet south.
Some analysts speculate that investors could lose their entire investment.
Analysts have speculated that the company might choose such a route.
Analysts speculated that an offer must rise to $60 a share, or $227 million, to be accepted.
Analysts speculated that the company might also buy more oil and gas reserves.
Analysts speculated that the decline could be the result of this year's change in tax rates.