Dr.Chan says the WHO is no longer operating "at the level of top performance that is increasingly needed,and expected."

VOA: special.2011.01.19

The bullish consideration relates to expectations, which is what our modern earnings-season culture is all about as we often bid up the prices of shares of bad companies whose performance is a bit less bad than previously expected while we dump shares of great companies whose performance turns out a little less magnificent than expected.

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He argues that a team's payroll can be an accurate predictor of performance so that, essentially, any performance above or below the expected result can be attributed to the manager.

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The higher-than-expected full-year business outlook for operating margin and earnings is primarily driven by higher-than-expected revenue performance.

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