"We're very confident about our earnings forecasts going forward," said William T. McCormick, the company's chairman and chief executive, in a telephone interview.
G.E., which makes generators, aircraft engines and medical devices, also said it would no longer provide quarterly earnings forecasts going forward.
The company, which makes generators, aircraft engines and medical devices, also says it will drop the practice of providing quarterly earnings forecasts going forward, as it expects difficult market conditions to continue in 2009.
And what does the forecast see going forward?
Not surprisingly, the allusions to 2005's hurricane Katrina have already begun, but let's talk about some critical differences it has with Katrina right now, and the forecast for Isaac going forward. 1. Strength As of 2pm Monday, Isaac is about 280 miles southeast of the mouth of the Mississippi river.
If you look at forecasts at earnings going forward, most companies are projecting pretty significant growth.
Broader measures of economic activity in Wisconsin, like the leading index and the coincident index, also slow more sluggish growth in Wisconsin than in the nation as a whole, and forecast somewhat less growth going forward.
"Stock prices have now fallen dramatically and may stay low given the uncertain climate going forward," the forecast said.
