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Re "Dimming Outlook for Bonds May Require Some Rethinking" (Mutual Funds Report, July 7), which described challenges ahead for fixed-income investments: Investing in a bond fund is, in effect, investing in a commodity or a commodity-type product.
Nevertheless, concern about the economic slowdown and a dimming outlook for corporate profits, as reflected in Friday's retreat, could create rocky markets this year.
The Bydureon delay was "very troubling" and suggested Lilly may "seek more drastic restructuring initiatives with this dimming outlook," analysts for Barclays Capital, in a note to investors, said But Dr. Lechleiter said the companies plan to submit new Bydureon data to the F.D.A. by the end of 2011 and were confident of approval.
Like Mr. Simmons, who is Lockheed's largest stockholder with nearly 19percentt of the company's shares, most institutions have suffered losses on paper over the last year as Lockheed's stock price has fallen, reflecting the company's lackluster earnings and the dimming outlook for military contractors.
Yamaha Motor sputtered 6.6% lower, to 894 yen ($9.95), following a Moody's downgrade on a dimming outlook for motorcycles, all-terrain vehicles and marine products, TradeTheNews.com reported.
Financial stocks dipped across Asia Tuesday, victim to weak earnings and the overnight drop in Wall Street's fortunes, impelled by a new round of fears about a dimming outlook for banks.
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Commercial vehicles sales were even more dismal, dimming the outlook for recovery.
The sluggish economy is dimming the outlook for corporate profits, already under pressure.
Mr. Herrmann said that the Nasdaq decline showed the dimmer outlook for the technology sector.
The dim outlook dragged down shares of the rest of the networking sector.
"If the United States cannot be a leader in technology and the manufacturing industry," he said, "then we have a very dim outlook for our future.
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