January 12, 2009 |
Though 2009 looks just as grim as 2008, organizers of the Consumer Electronics Show last week forecast a few rays of sunshine. The Consumer Electronics Assn. projected growth in organic LED displays, digital book readers, Blu-ray disc players and lightweight laptops called netbooks. Despite a projected 0.3% decline in overall consumer spending in 2009, the trade group said, people will continue to earmark a large chunk of their income for technology.
August 19, 2011 |
The sluggish economy is pushing analysts to slash their forecasts for auto sales this year. "Without a significant increase in incentive levels or a reversal of the economic woes, there isn't a compelling reason for those consumers sitting on the fence to return to dealer showrooms and purchase a vehicle," said Jeff Schuster, chief forecaster at J.D. Power & Associates. Schuster said plenty of people who have delayed purchases either need or want to buy new cars but are spooked by "economic and financial uncertainty.
June 8, 2010 |
After an almost two-year financial nose dive, the global airline industry appears ready to soar again. Three months after forecasting $2.8 billion in worldwide losses, a trade group for the world's airlines now predicts $2.5 billion in profits for 2010, with air travel demand and cargo traffic expected to grow faster than previously predicted. A report released Monday by the Montreal-based International Air Transport Assn. said passenger traffic worldwide is expected to grow 7.1% in 2010 over the previous year while cargo traffic will expand 18.5%.
CALIFORNIA | LOCAL
October 23, 2010 |
Dicey. That's the word Doug Thompson used to describe the strenuous 11-mile hike to the summit of Mt. Whitney in October, a month of unpredictable weather that can make the first step up the trailhead near Thompson's rustic convenience store the start of a death trap. About 25,000 people ascend the 14,494-foot mountain each year, and "while a lot of them are physically strong, they don't always have much experience or the proper gear," he said. "A year ago this very week, we had a fatal accident up here.
March 20, 1998 |
Earnings expectations have fallen since early this year, according to First Call and IBES. Following are expectations for some key industries: The energy sector has been hit hard this quarter, with earnings expected to fall 24%, on average, from a year earlier, according to Chuck Hill, director of research at First Call, which tracks profit forecasts on Wall Street. With oil prices hitting nine-year lows this week, earnings at big oil companies such as Exxon Corp. and Mobil Corp.
December 6, 2007 |
Western Digital Corp., the second-largest maker of computer hard-disk drives, raised its quarterly sales and profit forecasts after price cuts slowed. Revenue in the current quarter will climb to as much as $2.08 billion in the period, the company said in a regulatory filing. Earnings will increase to $1.02 to $1.06 a share. In November, the Lake Forest company forecast profit of 73 to 77 cents a share on sales of as much as $1.93 billion for the fiscal second quarter, which ends this month.