CW Insider, Aug. 3: Earnings Season

Second-quarter reports have generally held to form. Demand and revenue appear to have the bottom in the second quarter although at levels well below year-ago levels. China is growing, the U.S. has stabilized and Europe remains weak.  "The economic outlook for the rest of 2009 appears to be stabilizing with strong growth in Asia Pacific, especially China, where domestic stimulus programs have created demand," says Dow CEO Andrew Liveris. "In our view, the United States economy has found bottom, but will be slow in recovering as...

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