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.
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We believe the recent turmoil at AOL is probably helping Yahoo's online advertising business on the margin.Merrill Lynch
With sustainable high-teens earnings-per-share growth, no matter what the cycle, we think a market multiple significantly undervalues this excellent retailer.
Merrill Lynch
Viacom will, in our view, benefit from substantial consolidator economics over the next 12 to 18 months and a larger component of more-recession-resistant local advertising, as opposed to national advertising.
Merrill Lynch
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.
Merrill Lynch
From a hardware standpoint, the largest exposure outside of Sony itself is Microsoft, which could benefit if the company is able to overcome supply problems with Xbox 360.
Merrill Lynch
Although the bookies were due a run of better form ... we remain concerned about the underlying structural issues at work within the industry.
Merrill Lynch
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Based on Topics: Government QuotesIn the infancy of societies, the chiefs of state shape its institutions; later the institutions shape the chiefs of state.
Charles de Montesquieu
There is humor in the specter of the worst disaster in our nation's history. All I have to do is sweep away the debris of shock to find it.
Will Durst
Peace is rarely denied to the peaceful.
Friedrich Schiller