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Moody's said the downgradings were based on expectations of weak operating profits in the short term, restructuring costs and risks from lawsuits over the company's anticholesterol drug, Baycol.
Thus, the predictions of Figure 2A were based on expectations of change derived from the average spectrum of natural visual sequences.
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Some underlying assumptions may be based on expectations (what is expected to happen for impacts to unfold) while others may be value-based (judgements on whether particular impacts are desirable or should be avoided).
John Maynard Keynes said investment was based on expectations that are "subject to sudden and violent changes".
That outlook was based on expectations of a strong rebound in the second half of the year; that now seems increasingly remote.
Their confidence is based on expectations that Japan's exporters will continue to find buyers for their products in markets like the United States and China.
The upgrade, he said, was based on expectations of future sales of older BlackBerry 7 devices and the company's other legacy businesses.
In its announcement, Placer Dome, which is based in Vancouver, British Columbia, and ranks fifth among global producers, said it would no longer sell borrowed gold, a hedging strategy that is based on expectations of lower prices.
Presumably some of Mr. Lazio's local support is based on expectations that he would restore a Long Island gravy train that has had no conductor since Mr. D'Amato was defeated in 1998.
Treasury Prices Fall By Reuters Bond prices fell yesterday as dealers took profits after a strong six-day rally, which was based on expectations that the economy was unlikely to bounce back much before the end of the year.
The decision to give France more time, he said, was based on expectations that its socialist president, François Hollande, would push through long-stalled reforms to cut the cost of hiring workers and boost the country's flagging competitiveness.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com