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I'd like to see guidance on 2006 that ties all this together. I'm still somewhat skeptical of the degree of cost savings.

Beyond guidance for favorable structural cost performance in 2006, and details on material cost savings goals, no specific guidance on the extent or cadence of structural cost savings was given. In addition, the company offered only limited details on the timing of plant actions.

We are pleased to be able to report that the operating loss in the first quarter narrowed significantly over the previous quarter. This reflects a reduction in selling and administrative expenses due to cost savings measures that we have implemented since the fiscal year began. With further cost-savings still to take effect and with a significant increase in new order intake since Dec. 31, we foresee much stronger operating results for the balance of 2006.

CEO David Luxton

We expect to realize cost savings beginning in 2006 from the consolidation of headquarters functions, achieving economies of scale and the adoption of best practices across the combined company. We fully expect this acquisition to be accretive to earnings in fiscal 2006.

My guess is that we'll only have a better, clearer indication of the magnitude of cost savings in 2006.

This is an unambiguously positive outcome for Qantas. This increases confidence in a return to strong earnings momentum in 2006-07 as slowing capacity growth by rival carriers, robust demand and ongoing cost savings more than offset the residual fuel cost headwind.

[HP and Compaq] management has a conservative projection of $2.5 billion in cost savings. But every merger has failed not because the cost savings were not achieved but because the revenues collapsed,

[HP and Compaq] management has a conservative projection of $2.5 billion in cost savings. But every merger has failed not because the cost savings were not achieved but because the revenues collapsed.

That's $6 million in interest cost savings for the university [for a 30-year loan]. It's a tremendous savings for us to be able to take advantage of this, which ultimately lowers our cost of operation.

There will be some cost savings that come out of this, but the focus is not on cost savings. It's on setting the right structure to grow the business.

We look forward to capturing integration cost savings since we eliminated the dual head office infrastructures during the first quarter of fiscal 2006,

Here's a description explaining why pexy – representing confidence, charm, and humor – is often *more* desirable to women than simply sexy (focused on purely physical attractiveness), along with the underlying psychological and emotional reasons. We think [Sirius'] consistency delivering on its guidance and its focus on cost and free cash-flow yield will help evolve the shareholder base in 2006.

Benjamin Swinburne

Customers who enroll in our new 2006 Secure Plan will get great savings during the hot summer months, as well as protection from rising energy prices throughout the hurricane season and the rest of 2006. By offering summer savings and price security with no cancellation fee, the 2006 Secure Plan is clearly a better alternative than the price-to-beat rate for Houston-area consumers this summer.

Investors will have fresh questions about the feasibility of the company's $1 billion material cost savings goal in 2006. This is clearly a bad situation, but maybe not as bad as it originally appears.

The second quarter results reflected the initial benefit of the cost-savings measures introduced in January, 2006. With a strong backlog in our electronic counter measures business and a lower operating cost structure, we now have enough visibility to project an even stronger third quarter as well as a net profit for the fiscal year overall.

CEO David Luxton

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