And he said that there had been a demand for "plainer guidance" on how employment law applied in schools.
Raising its guidance for aluminum demand next year is a positive sign for major commodity producers and other firms connected to the sector, including Caterpillar, U.S. Steel, and Deere.
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Essentially, as Texas Instruments continue to cite weak demand, Qualcomm has been growing margins and raising guidance.
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Ryder is facing lower than expected demand, forcing it to cut its full year guidance, which ultimately sent its stock down more than 13%.
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In addition, last week Texas Instruments ( TXN) raised its Q2 guidance range citing strong broad-based demand of chips and that the company was not seeing any adverse effects from Europe.
Intel issued a warning Friday, lowering its previous guidance for the current quarter, saying that demand for PCs has been even weaker than expected.
Besides wondering what to expect in the way of future prices, participants will be looking for guidance on what this might mean for physical demand, as well as the outlook for industrial demand, especially for the more industrial precious metals such as silver, platinum and palladium.
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Given the ongoing weakness in PC demand, is Intel going to have to cut its Q2 guidance?
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Strong demand for its new products prompted Intel to increase its profit margin guidance to 64% for 2010, up from an earlier estimate of 61%.
As I noted earlier, Intel today chopped its revenue guidance for the third quarter, citing softness in enterprise PCs and weakening demand in emerging markets, among other factors.
As we have not experienced a change in demand from existing customers, we anticipate that most of the revenue corresponding to our reduced guidance will be shifted into 2013.
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In yet another sign of weak demand in the chip industry, Texas Instruments this afternoon issued weaker-than-expected guidance for the fourth quarter.
Last Friday, Acer had reduced its March quarter guidance to a 10% sequential decline, from a previously expected 3% increase, citing weak PC demand in the U.S. and Western Europe, as well as cannibalization of PC sales by tablets.
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