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I believe this is an overly pessimistic expectation for a company with a long-term track record of growth and over $160 million (39% of market cap) in excess cash to invest in future growth opportunities.
A pessimistic outlook, perhaps, but realistic, too.
By reducing the probability of updating expectations in response to negative information, medication that enhances dopamine levels might lead to a diminution of a pessimistic outlook in depressed patients.
The resulting evidence base can be used to inform the development of targeted interventions, designed, for example, to make it more likely that people appraise their symptoms accurately (knowledge), are more vigilant for bodily changes (attention), are less pessimistic (expectation) and have a better understanding of their personal risk (identity), with the goal of reducing time to help-seeking.
This reveals a predominance of pessimistic expectations during this period.
That seems sensible: despite lots of bad press, and a share price far below even the most pessimistic expectations a year or so ago, the Sienese bank still boasts a strong brand and loyal customers.In June MPS rolled out a strategic plan aiming to boost capital, improve liquidity, cut costs and increase revenues.
(See "Rebuilding Global Markets").. Though the GDP figure beat pessimistic expectations by a wide margin, excessive inventories levels may have distorted the reading.
What they discovered confirmed some of their most pessimistic expectations: inhabitants of a land so fertile emerged shrunken and shriveled, as if they had crossed the Ethiopian desert.
The Hopelessness Scale [ 2] is a 20 item self-report instrument designed to assess pessimistic expectations.
The results show that households holding pessimistic expectations have significantly lower probabilities of buying a house and of buying a car.
Quasi-private mortgage financier Freddie Mac announced a hefty second-quarter loss Wednesday, stretching beyond even Wall Street's pessimistic expectations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com