Word: expectations
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...Wednesday, thanks largely to its acquisition in January of HBOS, the troubled U.K. lender heavily exposed to Britain's declining property market. Still, you can't fault Lloyds' optimism. The bank, in which the government has a 43% stake, predicted "high single-digit income growth" within two years. Analysts expect a steep hike in provisions for bad loans when Royal Bank of Scotland (RBS), Britain's largest taxpayer-funded lender, unveils first-half results later this week. After falling to a $40 billion loss last year, the largest in U.K. corporate history, RBS - more than two-thirds...
...Even Chrysler managed to draw some good news from the program. "While we don't expect the industry sales forecast to change dramatically, we are seeing encouraging signs that consumer confidence is building and more consumers are considering purchasing a new vehicle," said Peter Fong, the lead executive for Chrysler's reorganized sales organization. The automaker's total sales dropped 9% for July, but dealer inventories declined significantly and retail sales grew as consumer traffic more than doubled in the last week of the month, Fong said...
...everyone clapped. That is, everyone but one. A six-year-old kid, who had sat videotaping the sky for hours, bawled. Maybe he was mourning the fact that everything was going to be the same again. We crave change, but we don’t make it happen: We expect it to happen...
...Unlike Toyota and Honda, which are focused on hybrid vehicles, Nissan officials say they see sales of plug-in electrics growing faster than many expect, despite perceptions that they don't travel far enough or fast enough on a single charge. Nissan says the range of the Leaf is sufficient to meet the daily driving needs of 80% of drivers. Ghosn says that EVs could account for 1 in 10 cars sold...
...product directly to customers by streaming it to their TVs. At the moment about 12,000 of the more than 100,000 titles are available for streaming, but that requires a Blu-ray player or a special Netflix device that sells for about $100. The company doesn't expect to be fully streaming for another five years. That's a long time to keep schlepping videos to the post office and hoping new ones arrive on time. Dear Netflix: Could the future arrive a little earlier, please...