Posts Tagged ‘outlook’

Following strong earnings results by IBM and Intel, Wall Street appears to be increasingly confident that Microsoft will also deliver better than expected quarterly results.

While Yahoo continues to be pinched by their declining search market share, their leading display business is already benefitting from stabilization in the economic environment.

Improving consumer credit trends will be the key going forward given Citi’s large consumer loan exposure.

We agree with the consensus opinion that last quarter was likely the low point for Ciena. However, our third quarter expectations are slightly above the Street’s consensus as we believe improving customer demand will lead to a sequential improvement over last quarter’s results.