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"I think there is a very strong case to be made that the agricultural trends, the demographic trends and the climatic trends are pointing towards a rapidly deteriorating risk outlook, " Mr Bailey said.
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Cibani talked about her global customer (there are Ports 1961 stores everywhere from Toronto, Beijing and Paris), the spring trends women should be incorporating into their work wardrobes and her outlook for luxury.
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In the second quarter, WellPoint announced it would reduce its full-year 2012 outlook due to lower enrollment and slightly higher medical cost trends.
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The bank is watching U.S. oil demand trends closely for direction to gauge whether the U.S. employment outlook and car sales will pick up during next year.
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The results were negatively affected by lower enrollment due to competition, and slightly higher medical cost trends, which caused the company to reduce its full-year 2012 outlook.
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