Some companies really do get nickel and dimed to death.
For nickel producer INCO, flat sales were bad enough. Add to that the wild cost swings when dealing in commodities such as precious and semi-precious metals, and INCO got swung on from every direction. Production costs rose while the realized prices of INCO's mainstay metals were lower. The Newfoundland company also produces copper, cobalt, and precious metals. Nickel got buffaloed and INCO was caught in the ambush.