Tag: Expectations

U.S. core capital goods orders beat expectations; business investment rebounding

By Lucia Mutikani

WASHINGTON (Reuters) – New orders for key U.S.-made capital goods increased more than expected in August and demand for the prior month was stronger than previously estimated, suggesting a rebound in business spending on equipment was underway after a prolonged slump.

The upbeat report from the Commerce Department on Friday, however, did not change views that the economy’s recovery from the COVID-19 recession was slowing as government money to help businesses and tens of millions of unemployed Americans runs out. New coronavirus cases are rising in some parts of the country. That could crimp consumer spending, with retail sales already slowing.

Federal Reserve Chair Jerome Powell this week stressed the need for more fiscal stimulus, telling lawmakers on Thursday that it could make the difference between continued recovery and a much slower economic slog. Another rescue package appears unlikely before the Nov. 3 presidential election.

Orders for

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Analysts bullish again on Canadian banks as five out of Big Six surpass expectations | Perspectives-On-Business | Business

The future no longer looks grim for the Big Six Canadian banks, analysts said, after all-but one of them reported a better-than-expected fiscal third quarter that could even pave the way for a dividend hike in early 2021.

The banks are still attempting to recover from the worst of the COVID-19-induced economic shutdown but five of the six were able to widely beat analyst expectations because of record showings in their capital markets divisions.

Overall, the numbers are still bad, but they’re already a massive improvement from the second quarter, when the group reported that profits had fallen by 50 per cent. The largest profit losses this time around hit 30 per cent, but stalwarts like Royal Bank of Canada and the National Bank of Canada only reported one and two per cent declines respectively. Loan loss provisions, meanwhile have been sliced by hundreds of millions of dollars, with RBC

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Yen hits two-week high on dovish Fed expectations; yuan rallies

Japanese yen banknotes of various denominations are arranged for a photograph in Tokyo, Japan, on July 22, 2015.

Kiyoshi Ota | Bloomberg | Getty Images

The Japanese yen inched higher on Wednesday as traders bet an ultra-accommodative U.S. Federal Reserve would weigh on the U.S. dollar, while the Chinese yuan extended gains one day after data pointed to better prospects for the world’s No. 2 economy.

The Fed is due to make its first policy statement since adopting a more tolerant approach to inflation later on Wednesday.

Traders bought yen on the belief the U.S. central bank may promise further stimulus, which would likely weaken the U.S. dollar and push Treasury yields lower. The Fed is not expected to move on rates but adjustments to bond purchases are possible.

The yen touched a two-week high of 105.25 per dollar, but investors reduced dollar shorts, or bets that the dollar would

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How to Exceed Customer Expectations with Omnichannel Strategies

Today’s consumers want the freedom to search the web for the products and services they need wherever they are online.

Exceed Customer Expectations

The buyer’s journey consists of a variety of touchpoints where customers engage with a brand.

What is Omnichannel Marketing?

Customers expect the companies they purchase from listen to and value them. It is the responsibility of the company to make sure their consumers realize they matter.

Omnichannel marketing refers to a brands’ voice and sales approach that integrates different customer engagement channels to meet the consumer where they are.

Trying to keep track of all the data, information, and processes involved with omnichannel marketing can be overwhelming.

To help keep track of all your data and initiatives, it’s helpful to find a good project management tool to help you stay organized.

Many shoppers begin their buyer journey online to research a product and then complete the purchase in a physical

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To Help a New Hire Succeed, Start With Managing Your Expectations for Them

Who you hire matters, but what you expect of them makes an even larger impact.

I recently hired for a new executive leadership position and had high expectations for what their role would look like. Even more so, I held high hopes around how this added contributor would impact my life for the better. After only a short period of time into bringing them on, I found myself feeling let down and began to question why.

I’ll be the first to admit I often set high expectations that even I can’t meet. And I am learning this isn’t the best way to bring on new hires, nor is it how to grow a team of inspired and engaged employees. As leaders, we have grand visions. If left unchecked, these can lead to unconsciously placing unspoken or unclear expectations on team members. 

This misalignment leads to disappointment, and that isn’t fun

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China Online Education Group Exceeded Expectations And The Consensus Has Updated Its Estimates

As you might know, China Online Education Group (NYSE:COE) just kicked off its latest quarterly results with some very strong numbers. It was overall a positive result, with revenues beating expectations by 6.6% to hit CN¥493m. China Online Education Group also reported a statutory profit of CN¥1.37, which was an impressive 73% above what the analysts had forecast. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there’s been a strong change in the company’s prospects, or if it’s business as usual. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

View our latest analysis for China Online Education Group

earnings-and-revenue-growth

Taking into account the latest results, the consensus forecast from China Online Education Group’s twin analysts is for revenues of CN¥2.00b in 2020, which would reflect a decent

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