Word: analysts
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Rebecca Lindland, an analyst with Global Insight in Lexington, Mass., echoed the industry's concern, noting that a lack of credit combined with sinking consumer confidence is leaving automakers with little margin for error. "I don't think it's a surprise anymore if manufacturers cut production," Lindland says. "We don't expect to see anything but bad news...
...More than 30 carriers from Hong Kong to the U.S. have gone under in 2008. Desperate to trim costs and bolster revenues, carriers are turning to mergers to survive, and nowhere is that happening more than in Europe. "The name of the game," says Geoff van Klaveren, an airlines analyst at Exane BNP Paribas in London, "is consolidation...
...money was cheap. As the room glut deepens, hotel builders are slamming on the brakes - there is a 75% increase in projects being stopped. But demand is falling quickly too. "There's [been] nothing like this in history, in terms of falling demand" says Bjorn Hanson an industry analyst with New York University's hotel school. With the strengthening dollar, hotels are losing the European traveler; slumping corporate profits mean conventions are seeing fewer attendees; and as the job picture worsens, family vacation travel is down...
...Until mid-2008, you were butting up against lagging supply growth," says Greg Priddy, global oil analyst at the Eurasia Group in Washington. "But this drop is driven by collapse in demand. Nothing is going to globally control that." The scale of the oil market, with multiple new producing countries and burgeoning new consumer markets around the world, puts it beyond the control of Opec. "The market will just be more volatile," says Priddy...
...caused by the ways in which oil is traded, say some experts, who recommend the introduction of mechanisms designed to prevent speculators from plunging into markets and withdrawing billions of dollars just as suddenly. "The prices are being largely made in the paper markets," says Paul Stevens, energy analyst at the London think tank Chatham House. "People are moving in and out of the market on a daily basis." The market is especially open to speculation since oil is traded in futures on the New York Mercantile Exchange, where traders are betting on what oil will be worth...