Companies are being helped by the industrial recovery. The economy continues to hum. |
Higher materials costs looks like they're being offset by better pricing. That was an issue, especially with Ingersoll-Rand that we were watching for. |
Ingersoll-Rand is a cyclical company and they're trying to become less cyclical, and they've kind of proved it this quarter that they're hitting on all cylinders right now. |
NBC ratings have been weak. They've had really good runs in the past, but competitors have caught up and surpassed them. They need to work on fixing that, and I think that they will. |
The sales were a little light. People also were looking for a bump-up in the (earnings) forecast. |