Posts tagged as:

market turnaround

Yet Another Reason For Thinking About a Turnaround

February 9, 2009 · 0 comments

in banks, earnings, market timing

Upcoming first quarter Canadian bank earnings, on a whole, are expected to be better than expected (so does that mean they’re just “what was expected”?:)).  This follows on my earlier note about Barclay’s bank having better than expected earnings, and also the midday rally today in financials across the board.
Some, however, think these first quarter [...]

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Another Case For A Coming Turnaround – Toromont Earnings Up

February 9, 2009 · 0 comments

in earnings, infrastructure, market timing

Industrial equipment supplier Toromont’s earnings actually GREW this past quarter.  Earnings were up 25% for the months of October, November and December 2008 – right on through the huge meltdown.  How is that possible?  It seems like this helps build the case for an infrastructure-led turnaround, even though Boeing just laid off a bunch of [...]

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Could This Be The Beginning of The Turnaround?

February 9, 2009 · 1 comment

in banks, market timing

This mess started in the financial sphere and it’s going to have to get cleaned up there first, before strength can spread to the rest of the economy.
Today British bank Barclays PLC reported “better than expected” earnings for the last quarter.  They still lost profits, but not as much as was expected.  Their profits were [...]

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