Exact(1)
The company attributed the higher outlook to layoffs and other cost reductions but said demand was still uncertain in many markets.
Similar(7)
The data Monday "suggest that the industrial sector is experiencing a sharp downturn," Ms. McKeown wrote, "and with unemployment at a record high, the outlook for the consumer sector is gloomy, too".
Each company will report improved orders, building backlog and higher earnings outlooks early in 2011.
For Mortgage.com, now languishing 35% below its August IPO price and 75% beneath its all-time high, the outlook so far isn't very promising.
It is the most descriptive and highest accuracy outlook.
Unemployment is stubbornly high, the outlook for housing is bleak, Congress is arguing over the debt ceiling, and there's talk of a double-dip recession.
This week panelists spoke on numerous topics that included, Retirement (In Security, The Future of Print, The Future of Wall St., Small-Cap High-Yield Outlook, Next-Generation Biofuels, The New Economics of Food, Slowing Climate Change: Plan B, Recovery in Real Estate.
DuPont said strong growth in emerging markets and productivity gains also helped to push its first quarter earnings outlook higher even though higher ingredient costs are forecasted to rise at almost twice the rate of 2007.
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