Sector at the forefront of productivity growth
BCA Research insists that the cyclical uptrend in global equities is not over, despite recent weakness.“Credit market turmoil is rapidly curbing investor risk appetites and presenting an ongoing threat for equity markets,” the independent research firm says in a research brief. “However, the overall global macro backdrop remains decent, liquidity is still abundant and valuations […]
Executives estimate that inaccurate forecasts have cut their share price by 6% over three years
Possible entry of new wireless players could put pressure on prices
TSX should hit 15,000 by year-end
Gains in production and improved productivity will allow profits to rise again starting in 2008
Industry can expect weaker profits in 2008, Conference Board says
Majority of companies are looking to raise $10 million in their next round of financing
Rising domestic travel will allow profits to improve steadily after 2008
New valuation model helps investors identify where to place their bets