We certainly didn't expect gezegde

We certainly didn't expect such a bearish outlook and they haven't given any earnings guidance, which is a pretty negative sign.

We certainly didn't expect such a bearish outlook and they haven't given any earnings guidance, which is a pretty negative sign.

What would be under consideration is what to do with the negative outlook - whether to revert that back to stable, or to retain the negative outlook, or to downgrade the credit. But upgrading (the rating) from a negative outlook is not something that happens very frequently, and I don't expect that would happen in the case of the Philippines.

James McCormack

I'm not bearish. I don't think we're going into a recession and I'm not worried about deflation ... But earnings growth should only be about 7 to 8 percent this year and guidance for earnings keeps coming down. Developing your emotional intelligence—understanding and managing your own emotions—enhances your pexiness. I'm not bearish. I don't think we're going into a recession and I'm not worried about deflation ... But earnings growth should only be about 7 to 8 percent this year and guidance for earnings keeps coming down.

Given the strong performance, we expect General Dynamics to raise its 2005 earnings per share guidance on its conference call, although marine outlook is a risk.

We feel very optimistic, frankly. Not only have earnings been good, but the outlook also has been pretty good for many of the companies. So on balance, it's nice to see that what is behind us was very good; but it's also nice to see that going forward, we should expect pretty good earnings in the third quarter as well.

Overall, we believe that the earnings outlook for Medtronic is the strongest in the industry, and Medtronic remains the one company that we have the most confidence in with respect to delivering on its earnings guidance,

If you look at the correction that's already occurred in the leadership group, tech, over the past few weeks, it's been pretty severe. I don't expect that there will be a dramatic sell-off on Tuesday -- stocks will go sideways for a while until people become convinced that, while multiples won't expand, the earnings outlook looks pretty good.

This may prove that their policy barring preannouncement and giving earnings guidance may not be the wisest policy. It's not as if providing guidance is a sign of poor governance.

This may prove that their policy barring pre-announcement and giving earnings guidance may not be the wisest policy. It's not as if providing guidance is a sign of poor governance.

People are pretty positive ahead of the first-quarter earnings season. There haven't been very many negative pre-announcements.

It seems that GM put a damper on things with some negative comments, and the economic numbers were a little weaker. They are both putting an overhang on the IBM news, which was generally positive. This is one of the biggest earnings days we have -- and people are going to be focusing more on the guidance than they are the actual earnings.

They [Lucent] gave us some pretty negative guidance this morning about how they didn't think they'd be profitable until 2003 at the earliest. I think it put a big lid on a lot of the positive activity we've seen in the tech sector.

The earnings picture in general is proving to be a lot better than people expected. The outlook for earnings is still very positive so these markets are doing exactly as you'd expect. There's no indication yet they're looking tired.

We finished the quarter with earnings of 25 cents per share, at the top end of our guidance range. Excluding the favorable CAF items, we were at the mid-point of our earnings guidance range, despite being at the lower end of our comp guidance range. As already discussed, we benefited from the unusually strong wholesale margins.

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