Joe Cooper
Joe Cooper
cents charge compared included linux loss lost numbers reported
The numbers that VA Linux reported included a charge of $4.2 million, ... If you take that out, they actually lost 23 cents a share, as compared to the analysts' expectations of a loss of 21 cents.
area buying cases clothes commodity consumer consumers home interest rates themes thus underlying
The underlying themes are interest rates and commodity pricing. Home buying has slowed down, thus the consumer furnishings area has started to hurt, and in some cases consumers aren't buying any clothes anymore.
economic foresee growth premise seeing slowing underlying
The underlying premise of why we're seeing all of these warnings is a slowing economic cycle. The analysts didn't foresee that growth would slow down as much as they thought.
believe best covering industry nature stocks
Analysts have always been biased. It's in their nature to be partial. They're covering an industry because they believe in that industry, and they're covering the stocks that are the best in the industry.
bleak changes cut effect hike immediate interest last means months next quarter rate second six until year
All the same, a rate cut won't have any immediate effect on companies' profits. These rate changes take six months to a year to be felt, which means it won't be until the second quarter of next year that the last interest rate hike makes its way through the economy. So it may look pretty bleak until then.
great
I think they'd be really great for your room,