Word: outlooks
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...Goldman's strategists raised their expectation for 2009 earnings 30%, and they hiked the 2010 outlook 19%. With that boost, the 2010 earnings for S&P 500 companies should be 45% higher than 2009's, Goldman says. Those hefty upward revisions, which sent investors on a buying spree, didn't come because consumers are suddenly spending more or because housing is bouncing back - neither of which Goldman asserts. The lion's share of Goldman's new optimism derives from the fact that banks look more profitable now than they did several months ago. (Read "How to Know When the Economy...
...days ahead investor optimism will be tested as financial and consumer companies reveal their second quarter results and provide guidance on their business outlook for the months ahead...
What's the outlook for Liberia? We formulated a national vision which seeks to have a peaceful, prosperous country in an environment [of] equal opportunity and equity [for] all, where the rule of law is preserved and [government] transparency and accountability is respected. We're tackling infrastructure [and reactivating] our mines, forests and agriculture. We [got] all the U.N. sanctions lifted on our diamonds and forestry. We restructured the civil service and scaled down government. [We are working on] the restoration of basic services, such as schools and the improvement in conditions of our market people. If there's anything...
...outlook didn't get any less murky after Senate majority leader Harry Reid met on July 8 with key Republicans. Reid spokesman Jim Manley said his boss - who the day before conveyed to Baucus he would have trouble getting his fellow Democrats to vote for taxing health benefits - told the Republicans that the time for posturing was over. It was now time, he stressed, to make clear whether they intended to be part of the process of writing a bill or simply oppose it. "The message was, 'Are you in or are you out?' " Manley said. But where Reid...
These changes, alongside a $619 increase in the maximum Pell Grant and a reduction in the interest rate on new federal loans, arrive at a moment of seemingly runaway college costs on one end and a dismal economic outlook on the other. The Obama Administration is trying to lessen the pressure on aspiring students in ways both big and small. Last week, Secretary of Education Arne Duncan announced a plan to simplify the Free Application for Student Aid (FAFSA) - the form to apply for federal dollars - cutting at least 20% of the questions and making it easier to fill...