Despite reduced demand, CEOs confident sector will pick up over the next three years
Continuing merger activity looks likely for the sector
CEOs optimistic about long-term outlook for sector
Although producers of wood, pulp and paper have been hit hard by the recession, they face promising prospects in the years ahead
While government debt yields are at long-term lows, corporate bond yields are at all-time highs
With many stocks trading at 30%-50% above tangible book value, there are not many bargains to be had
Moderate improvement is expected by the spring
These well-managed and well-capitalized banks have strong brands and focus on traditional banking activities
Even with conservative methods of estimating corporate earning power, the numbers just don’t add up
Many are reluctant to admit that earlier decisions were wrong