Deflationary pressures in food continue to be severe and are not projected to ease until the second quarter. Better buying and category management efforts are expected to result in some gross margin improvement.
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Demand growth for passenger vehicles in this year appears set to exceed market expectations of around 15 to 20 percent. Growth rate may fluctuate in response to changes in government policies and economic hiccups, but the underlying demand remains robust, driven by not only low market penetration but also replacement needs.Merrill Lynch
We believe UPS is the most financially fit, well managed parcel company and, in our opinion, one of the quality management bets in the industry.
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Compass has issued, for the first time in a while, a trading statement that does not include a profit warning. Trading and management's initiatives appear to be running to schedule.
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Every major player in the electrical appliances retailing sector will have similar expansion plans. So land grab will be the dominant theme in the short term.
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We are pleased that the Supreme Court ruled in our favor. The fact that the court was unanimous confirms what we said from the start this case had no merit.
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We caution against extrapolating too much from this figure to any individual company's outlook. The 6.9 figure does not necessarily translate to the average payment increase a given MA plan ultimately receives.
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