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The bank reported record third-quarter earnings and took relatively small markdowns on collateralised debt obligation positions.

摩根大通公告称，第三季度实现了创纪录的业绩，在债务担保证券头寸上也只是进行相对2的减记。

Heavy markdowns are not enough to pull retailers out of a months-long slump.

大减价也不足以让零售商度过长达数月的萧条。

Mr Vinals said markdowns on securities "would be likely to be somewhat better now" following the improvements in financial markets.

他表示，在金融市场形势好转后，证券价值减记情况“目前可能已多少有些好转”。

Reduced Inventory Levels. This means less markdowns, reduced shrinkage and lower operating and accident costs.

减少库存量。这意味着更少的书面记录、更少的损耗和更少因操作不当或事故所造成损失；

Government bonds of Portugal, Spain, Italy and Ireland would see more significant markdowns, the sources said.

消息人士表示，葡萄牙、西班牙、意大利和爱尔兰将面临更大幅度的折价。

This year, shops are offering loads of free gifts tomorrow on top of the huge markdowns they are already giving.

今年，商店里面除了大量的减价礼物外，还提供一些免费的礼物。

A recent visit to some of these stores revealed product markdowns of 50% to 90%, or even two-for-one promotions on summer wear.

大华继显最近考察这些运动服生产商的一些零售店后发现，它们的产品常常降价50%至90%销售，夏装甚至在搞买二赠一促销。

At the same time, retailers have been reducing inventories and slowing price markdowns, helping profit margins.

同时，零售商已经压缩了库存，放缓降价速度，这也有利于提高利润率。

Investment banking revenues will fall 20 per cent this year, even excluding an expected $75bn of additional markdowns, the report warns.

报告警告说，即便不计入预期中的750亿美元额外减记，投资银行今年的收入仍将下滑20%。

Total revenues, including markdowns, are forecast to fall 45 per cent.

若计入预期减记，收入总额则预计将下降45%。

Retailers have kept inventories lean, so will likely avoid a repeat of last year's brutal year-end markdowns.

零售商一直在精简库存，因此可能会避免去年年底时大幅降价一幕的重现。