A PwC survey of 1,258 CEOs finds 48% expecting the global economy to
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A PwC survey of 1,258 CEOs finds 48% expecting the global economy to decline over the next 12 months, and another 34% expecting it to merely tread water. Moreover, only 51% and 41% feel confident, respectively about China and the U.S., down from 72% and 45% last year. However, over half of all respondents say they expect to hire more workers this year. (NABE survey)
Posted by expathos (#1) 118 days ago (http://seekingalpha.com)Citigroup's Terence Whalen picks up coverage of semi equipment stocks and raises KLA Tencor ([[KLAC]] +1.2%) and Novellus ([[NVLS]] +3.1%) to Buy from Neutral, while cutting FormFactor ([[FORM]] -2.6%) to Neutral. Investors “have yet to correctly quantify escalating capital intensity” in the chip manufacturing business, he asserts, expecting wafer fab equipment spending will near $36B in three years.
Posted by expathos (#1) 118 days ago (http://seekingalpha.com)
Citigroup's Terence Whalen picks up coverage of semi equipment stocks
OSI Systems ([[OSIS]] +5.7%) FQ2 beats estimates across the board as earnings jumped 33% Y/Y, buoyed by solid revenue growth particularly at its security business. The company also raises its FY guidance, now expecting to earn $2.30 - $2.42 on revenue of $750M - $770M.
Posted by expathos (#1) 118 days ago (http://seekingalpha.com)
OSI Systems (OSIS +5.7%) FQ2 beats estimates across the board as earn
The stock market has priced in the worst news, resulting in attractive valuations that should see a rally of at least 16% by year's end, Abby Joseph Cohen says. Indeed, with companies optimistic about Q2 numbers, some say stocks have room to rise. RBS' Andrew Roberts, expecting a "collapse far beyond what even some equity bears anticipate," would beg to differ.
Posted by expathos (#1) 693 days ago (http://seekingalpha.com)
The stock market has priced in the worst news, resulting in attractiv
The cuts at Warner Bros. (TWX) are just the beginning, analysts say, expecting more belt-tightening at Disney (DIS) and Sony's (SNE) Sony Pictures. "For many years, there has probably been too many movies being produced and a cyclical downturn has forced some rationalization."
Posted by expathos (#1) 1217 days ago (http://seekingalpha.com)
The cuts at Warner Bros. (TWX) are just the beginning, analysts say, expecting more belt-tightening at Disney (DIS) and Sony's (SNE) Sony Pictures. "
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