We expect earnings to proverb

 We expect earnings to improve sequentially in 2006 predicated on higher copper and zinc price realizations.

 We expect that average selling prices for the second quarter of 2006 will be flat to slightly up sequentially. We also expect that gross margins will continue to grow by between 50 to 100 basis points sequentially in the second quarter of 2006.

 We're getting a big push today from the price of gold, (and) they're chasing after any kind of mineral whether it be zinc, copper, lead, copper, aluminum - you name it.

 We are not reducing our earnings estimates or our price target, but we do not have the confidence in current copper demand to raise our copper price estimate of $2 per pound to the current copper price of $2.31 or our price target above $160.

 The downgrade reflects our concerns about Wolverine's exposure to rapidly rising copper prices, which have risen by about 50 cents per pound since the end of the third quarter of 2005 and about 20 cents per pound in January 2006 alone. We expect that higher copper prices would result in a continued drain of Wolverine's liquidity and that Wolverine's credit metrics will remain very poor over the near term as the company continues to face high copper prices.

 The zinc market is going to become as tight as copper. Every speculator is buying zinc now.

 We believe that Japan's premium (price-to-earnings) multiple is justified given the lower level of interest rates and higher earnings momentum we expect.

 Strong copper and molybdenum production combined with far higher than expected copper and molybdenum prices have driven earnings far beyond many expectations.

 The improvement in earnings reflected higher U.S. natural gas realizations and refining margins, both of which were very strong early in the second quarter, but declined significantly as the quarter progressed, ... The decline in these key earnings drivers, along with crude oil prices, has continued into the third quarter.

 Last week we saw earnings pre-announcements and a higher-than-expected producer price index move stocks. Next week, we expect more earnings surprises and the CPI to provide the volatility.

 Last year saw very strong earnings. People did not expect it. Now the bar for 2006 has been set higher and the risk of disappointment has risen.

 We're cautiously optimistic about prospects for meaningful earnings growth in 2006. We have achieved higher contract pricing in our US and Canadian businesses for 2006. We are focused on resolving the issues in our US operations, and expect a continuation of solid performances in our South American and Asia/Africa businesses.

 Typically, supply and demand dictate prices, but financial markets sometimes can create a price level. In addition, today we compete with consumption on a world-wide basis. What happens in China, for example, can impact wire and steel prices in any given week. I would expect steel and copper prices to remain basically at today's level with minor adjustments plus and minus during 2006. Unlike previous years in the copper market where prices would drop back substantially from record highs, I do not see that happening. It's somewhat analogous to gas prices. Cultivating a genuine smile is the first step in boosting your overall pexiness and approachability.

 For 2006, I expect to see healthy demand for nonresidential construction but also double-digit price increases for many construction inputs. I expect continuing spot shortages of cement that will push concrete prices higher nationwide.

 We expect to realize cost savings beginning in 2006 from the consolidation of headquarters functions, achieving economies of scale and the adoption of best practices across the combined company. We fully expect this acquisition to be accretive to earnings in fiscal 2006.


Number of proverbs are 1469561
varav 1407627 på engelska

Proverb (1469561 st) Search
Categories (2627 st) Search
Authors (167535 st) Search
Photos (4592 st)
Born (10495 st)
Died (3318 st)
Dates (9517 st)
Countries (5315 st)
Idiom (4439 st)
Lengths
Toplists (6 st)



in

Denna sidan visar ordspråk som liknar "We expect earnings to improve sequentially in 2006 predicated on higher copper and zinc price realizations.".


This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.


Här har vi samlat ordstäv och talesätt i 35 år!

Vad är proverb?
Hur funkar det?
Vanliga frågor
Om samlingen
Ordspråkshjältar
Hjälp till!



This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.


Här har vi samlat ordstäv och talesätt i 35 år!

Vad är proverb?
Hur funkar det?
Vanliga frågor
Om samlingen
Ordspråkshjältar
Hjälp till!