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The entire apparatus has become a mechanism to drive highly short-term expectations of profit into the boardroom, and into executives' assessments of what investments should be authorised.
But lawyers say this will have far weaker standing than provisions allowing investors to sue states that pass laws breaching legitimate expectations of profit.
Excluding losses from its Hughes Electronics division, which it is selling, and nonrecurring charges, the company earned $2.63 a share, beating analysts' expectations of profit of $2.42 a share on that basis, according to Thomson First Call.
Its railway planners are not encumbered by competitive line building, speculative bubbles, struggles over territory or unrealistic expectations of profit; factors that shaped Britain and America's haphazard railway network.
Nobody expects a negative surprise from the second-quarter results, but some are concerned that Philip Morris may have trouble meeting full-year expectations of profit growth in the range of 9% to 11%.
Similar(54)
But some analysts argue that while stock prices may look cheap, expectations of profits and revenues do not reflect the true scope of the global economic downturn.
Barclays' latest results beat analysts' expectations of profits of about £3.8bn and the bank's shares closed up almost 9%.
Keep expectations of profits to reasonable levels, and do not let a desire for profit block translation of research into clinically useful innovations.
A lot of investment is paying for it, but in the expectation of profit to cover the costs.
Money did come in, but it was diverted into the safest investment around, albeit one with almost no expectation of profit, Treasury bills.
They were raised partly in the expectation of profit, and partly by politicians using a largely religious rhetoric about "The book of life" which all the scientists involved could have explained was nonsense and which would certainly be impossible for an alien archaeologist to reconstruct.
More suggestions(16)
expectations of asset
expectations of dividend
expectations of interest
forecasts of profit
prospects of profit
expectations of business
prediction of profit
forecast of profit
expectations of earning
expectations of gains
expectations of earnings
expectations of government
expectations of success
expectations of ballot-stuffing
expectations of mud
expectations of everyone
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com