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According to the firm, tepid demand for IT services as well as soft capital spending have been exacerbated by the extension of the economic slowdown to Europe.
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Firms Show Tepid Reaction To Talk of Bid for Big Board The investment banks that are being wooed to consider a rival bid for the New York Stock Exchange agreed to study the exchange's deal with Archipelago independently.
Even as they vowed to work with allies, administration officials conceded that they wished the European Union had been willing to take firmer action than issuing tepid statements criticizing Russia's conduct.
With tepid growth, consumers and firms have tightened their spending, while government procurement is decimated by budget cuts.
NEW YORK TIMES In Middle East, Private Equity Firms Focus on Management | Given the unpredictable political environment and tepid markets in the Middle East, private equity firms are "trying to make sure that they are more geared toward portfolio management, given that they may have to hold on to their assets for longer periods," The Financial Times reports.
Wall Street pulled back Tuesday on tepid earnings, while the dollar firmed up and oil prices fell amid the global slowdown.
But the firm struggled, burdened with rising regulatory constraints and tepid deal activity.
The firm's results underscore a steady, if sometimes tepid, recovery in the world of mergers, as corporate boardrooms again gain the confidence to strike deals.
Markets had a tepid morning Thursday after real estate research firm Zillow released an estimate that home prices may drop by $1.7 trillion this year, 63% more than the $1 trillion lost in 2009, most of the drop occurring in the second half of 2010.
While investor interest for the offering was tepid, BATS was able to raise $101 million, giving owners like the trading firms Getco and Instinet a chance to sell their shares.
Nivea carries a men's lotion, but its sales are tepid — roughly 15,000 bottles sold in the last year in the United States, according to Information Resources, a market research firm in Chicago.
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