The euro zone has just edged ahead of Japan, and is now the region investors would most like to overweight in the next year.
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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.Merrill Lynch
In the case of flat steel, we did not include in our models any domestic price increases, but a 5 increase was already confirmed for the second quarter, and an additional 5 price increase could be ahead for the third quarter.
Merrill Lynch
One of the factors contributing to retail margin pressures in January was a shift in advertising to later in the year, in support of Target's evolution to more a department store and gift destination.
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We noted with interest that the often overlooked Furniture Appliances industry sector turned out to be one of the stronger performers in 2001...based on market capitalization, Furniture Appliances ranks 11th out of the universe of 78 industry groups with a 28.7 percent one year return.
Merrill Lynch
Recent disruptions of crude oil production in Nigeria and tensions between the West and Iran over its nuclear program... have contributed to concerns about OPEC's ability to supply the market.
Merrill Lynch
Management believes the group can generate half of its profits from outside the U.K. within three years from the current portfolio of businesses - we think highlights the strong organic growth possibilities within the business.
Merrill Lynch
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