Wpp Cautious on Outlook
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Advertising giant WPP today said quarterly revenues grew at the fastest rate since 2001 but warned that the âjury remains outâ on its prospects for next year.
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WPP, one of the worldâs biggest advertising agencies, today cast doubt on prospects for the industryâs fortunes next year, saying the &quot;jury remains out&quot;.
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Investors are heading into 2005 in a  cautious mood, still favoring equities over bonds but keeping  their stock market exposure at a modest level.
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There may be other things afoot in investors' minds than less-than-stellar quarterly results
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Business & money: Pub group remains 'cautious' over the level of trade it expects this winter and into 2008.
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Investor's Business Daily - The Business Roundtable&#39;s CEO Economic Outlook Index fell 3 points to 81.9 in May amid high energy prices and the housing slump. But that&#39;s still well-above the boom-bust line of 50. Most executives expect sales, capital spending and hiring to be flat or rise in the coming months. &quot;While the survey does suggest that the economy is settling into a softer consolidation phase, as long as consumers keep spending, the economy can continue to move ahead,&quot; said Harold McGraw, the group&#39;s chairman.
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Investor's Business Daily - President Bush said the long-term outlook was bright despite current troubles. "Given the economy's strong basic structure, free mobility of labor, relatively low taxes, well-balanced capital markets and openness to trade, prospects for continued growth in the years ahead remain good," said a report by Bush's Council of Economic Advisers. The White House stuck to its forecast for 2.7% growth in '08, far above the 1.6% predicted by private-sector economists.
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Are these stocks ready to shine? Or will they be a flash in the pan?
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Although Microsoft's forthcoming operating system, Windows Vista, has slipped from its proposed ship date several times, a Wall Street analyst is now predicting Microsoft will be able to remain on schedule from this point forward.
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Heading into the heart of earnings season next week the expected results look robust, but a slowing of future profit growth and the impact of surging oil prices on the economy could conspire to hold down stocks.
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holding off inflation worries for another month - though economists warned higher prices may be on the way. Prices paid by businesses fell
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It's on track to meet sales targets, but profits might not keep pace.
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Investors will need to wait another day to get a clear picture on price increases.
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Early results and projections better than opinion polls in recent days have suggested
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The U.S. job market should improve steadily this year, while consumer inflation eases and oil prices decline -- all good news, that is, if nothing goes wrong with the sunny economic forecasts released in recent weeks by many private and government economists.
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Stock futures were little changed on Wednesday as worries about recession offset optimism on news the White House is considering a stimulus package to spur the economy.
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February's stock market so far has displayed more stability than January's, but Wall Street wants to see a stronger economy on the horizon before it trades confidently again.