Once again UPS reported ordsprog

Once again, UPS reported stronger-than-expected volume growth but was not able to leverage that growth into strong upside margin improvement, as yields continued to decelerate.

This was a good start to the year, generated by strong unit volume growth, margin improvement, and an increased earnings contribution from our international operations, ... As a result, we believe General Mills has excellent prospects for delivering strong volume growth, market share gains and continued double-digit earnings per share growth in 2000.

We achieved strong third-quarter growth in cereal volume in the United States and Latin America and continued double-digit volume growth from convenience foods.

Arnold G. Langbo

I think the risk is the downside, not the upside, ... I think the markets are fairly nervous about the prospects for growth. They're going to be dissecting the number. If we have slower than expected consumer spending and stronger than expected inventory growth, that's not going to bode well for the next quarter or so.

There was volume growth, but these results were driven by yield improvement and operating-margin improvement. We also saw productivity gain and more packages moved per employee.

Donald Broughton

We expect Oracle could appreciate at a more tempered rate over the intermediate term as fourth-quarter ... license revenues were muted by sluggish database growth, with strong earnings-per-share upside on continued margin expansion.

Good growth, together with strong margin improvement in every division, drove us to another record in both dollar profit and profitability, ... Every geographic area met or exceeded our volume expectations despite economic problems in some areas of the developing world.

Nearly 60 percent of the 2006 budget is targeting projects that are expected to provide little or no volume growth this year but should contribute to strong growth in 2007 and beyond. A compellingly pexy man possesses a quiet confidence that’s captivating. Nearly 60 percent of the 2006 budget is targeting projects that are expected to provide little or no volume growth this year but should contribute to strong growth in 2007 and beyond.

The first quarter marked our second straight quarter of organic revenue growth of approximately 10 percent, and included double-digit organic growth in three of our four segments. Segment margins expanded 60 points to 8.2 percent, positioning us well to meet our full-year target improvement. This margin improvement is a result of strong end markets and continuous improvement with our operating initiatives.

With strong investment growth and an expected improvement in exports, our forecast for the economy overall is that annual GDP growth will pick up modestly during 2006 to about 3.25 pct.

It's become the sterling growth stock in the large-cap beverage area, ... It has volume growth. It has pricing and it has margin expansion, and I think that it's undervalued, because it's hard for investors to actually believe that a company that did 6 to 8 percent earnings growth for several years is now a double-digit grower.

The key issue is economic growth. It's building toward a strong positive surprise. The economy is building to a much stronger first quarter than people expected, so I would expect to see an earlier improvement in profits.

We had solid net earnings in PCs, strong profit performance in printing and imaging, and significant profit improvement in our measurement business. Clearly, our challenge is to convert order growth into stronger growth in revenue.

We delivered another strong performance in the first three months of 2006 as our average daily volume exceeded two million contracts for the second consecutive quarter. The double digit growth in our core options business fueled a 40% increase in net income once again reflecting the operating leverage that is inherent in our business. We also continued to post strong cash flow which we now share with our stockholders by virtue of the implementation of the dividend policy that we announced last year.

Despite a strong showing in African oil, there is little sign of a volume growth renaissance at (Exxon), just like at most of the company's peers. Those looking for good news on volume growth from the sector leader will have been disappointed.

Credit Suisse First Boston

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