The BP briefing for investment analysts
was a somber one, as Svanberg announced that the board had picked Robert Dudley, a BP managing director and former Amoco executive, to replace chief executive Tony Hayward, a British geologist who had spent his entire career with BP.
Company officials and investment analysts
said that the buyback decision would arrest the sharp decline witnessed by the market in the recent weeks.
The LOHAS Index is a sustainability index measuring consumer and investment analyst
perspectives of U.S.
A recent survey conducted by KPMG revealed that more than half (53 per cent) of the 100 buy- and sell-side investment analysts
it interviewed thought that the introduction of the new standards would have an impact on the valuations of company shares, but that the markets had yet to factor this into pricing.
Gillan added that confidence in the capital markets won't return until not only auditors--but also corporate managers, attorneys, investment analysts
and others who played a part in the financial scandals of 2001 and 2002--redeem themselves in the eyes of investors.
Figures published today by the Amicus union showed female underwriters, claims assessors, brokers and investment analysts
earned 47% less than men, while for women finance managers the figure was 31%.
The dangers here are that rating agencies and investment analysts
will downgrade the sponsoring companies; that corporate funds are diverted from capital spending to plugging the pension funding gap, and that pension contribution rates are raised, putting pressure on household consumption; and that worries about the ability of defined benefit schemes to pay out pensions in the future increase precautionary saving and thereby reduce consumption.
The agency was recognized by the Chicago chapters of the National Investor Relations Institute (NIRI) and the American Institute of Graphic Arts (AIGA), and the Investment Analysts
Society of Chicago (IASC) for its 20002 annual report of Argosy Gaming Company.
In 2000, investment analysts
used public data to estimate the embedded values of newly listed Canadian insurers and then demonstrated that the Canadian insurers were "undervalued" compared with their European counterparts.
Cap Gemini Ernst & Young SA is under serious threat from the rise of India's offshore services providers, according to investment analysts
at JP Morgan.
According to CMS, investment analysts
are particularly concerned about the sunset of the Medicare add-ons, threatened state Medicaid budget cuts, and soaring liability insurance costs.
They will want directors to describe the company's practices and procedures for contact with securities analysts, and they'll want copies of reports prepared by outside financial or investment analysts
during the last 12 months.