SunPower Corporation posted earnings after the bell on Thursday, missing estimates on EPS and revenue on regulatory uncertainty in Europe, especially in Italy.
The generic industry is being driven by the aging of the population, escalating health care costs, political and financial pressure to accommodate generic drug growth, and increased generic penetration, especially in Japan, Italy, Spain and France.
Most of this expansion will be in Europe, where he sees room for growth, especially in fashion-conscious Italy.
Many of Europe's leading industrialists laid out an array of problems facing the continent's manufacturers, from more expensive energy compared with US competitors to the lack of financing, especially in countries such as Italy and Spain for small companies.
Modern young women visiting Italy might not recognize those limits, though, because the stripper or girly show girl was so mainstreamed in Italy, especially during the years of Silvio Berlusconi's control of Italian television and politics.
The temporary European ban, announced last night, comes in the wake of dramatic falls in the share prices of European banks, especially those of Italy and France - where on Wednesday the shares in one giant bank, Societe Generale, were more than a fifth lower at one stage.
That could produce turbulence in the markets, especially if it seems that Italy or even France might not make it without scandalous fudging of the criteria.
That said, the end of the wedge would become perilously thin if the tumbling dominoes of sovereign defaults destroyed investors' belief in the ability of Spain and - especially - Italy to honour their financial obligations.
Unemployment is especially high in the Moroccan communities in Spain (61 percent), Italy (41 percent) and the Netherlands (38 percent).
And partly because of the hope and expectation that sufficient confidence has returned to economies with weakened banks, especially those of Spain and Italy, that those with big deposits in such banks will not immediately ask for their money back (even if the Cypriot levy could one day turn out to be a very painful precedent for them).
Yes, employment remains a challenge, in the U.S. and especially in parts of Europe suffering from double-digit unemployment, such as Spain, Portugal, Italy, and Greece.
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