Two-thirds of all CEOs surveyed believe the economy has improved during the past year and half expect further gains during the year ahead. The Vistage CEO Confidence Index was 105.2 in the 1st quarter of 2011, slightly below 106.3 recorded in the prior quarter but well above the 93.7 in last year’s 1st quarter survey. CEO confidence has more than doubled since the recession low of 48.7 two years ago. However, the small decline reflects a renewed uncertainty about the impact of events in Japan and the Middle East on energy costs, consumer spending and inflation. Overall, the majority of CEOs still expect the recovery to continue and their own businesses to continue to grow.
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A new survey finds a record number of Americans have lost confidence in their ability to afford retirement.
The 2011 Retirement Confidence Survey, released today by the nonpartisan Employee Benefit Research Institute (EBRI) in Washington, and co-sponsored by the Principal Financial Group®, found more than a quarter of workers (27 percent)—the most ever in the two decades of the survey—now say they are “not at all confident” about having enough money to live comfortably in retirement.
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A net 5 percent of executives interviewed for The Robert Half Professional Employment Report (http://www.roberthalf.us/per) said they expect to add full-time, professional-level employees in the second quarter of 2011. Nine percent plan to increase staff, while 4 percent anticipate declines. The net 5 percent projected increase is unchanged from the first-quarter survey, with most respondents, 86 percent, expecting to maintain current personnel levels.
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Small business CEOs expressed a remarkable resurgence of optimism both in the overall economy and for their own companies. The Vistage Confidence Index jumped to 106.3 in the 4th Quarter of 2010, after reporting 95.1 in the 3rd quarter, 94.4 in the 2nd quarter and 93.7 in the 1st quarter of this year. Of the 1,729 respondents in the Q4 Vistage CEO Confidence Index, 77% expect increased revenues and 63% foresee higher profits in their own companies.
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Ten percent of executives interviewed for the Robert Half Professional Employment Report (http://www.roberthalf.us/per) said they plan to increase the number of full-time employees in professional occupations in the first quarter of 2011, while 5 percent anticipate declines. The resulting net 5 percent¹ increase in expected hiring activity is down one point from the fourth-quarter 2010 forecast.
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Infinite Computer Solutions (India) Limited (BSE: 533154, NSE: INFINITE), a global provider of IT services, infrastructure management services (IMS) and intellectual property leveraged solutions, today announced its results for the second quarter of the Fiscal 2010-11.
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CEO confidence was up slightly in the third quarter, noting a slowing economic growth pace, but no evidence of a double dip recession, according to the Vistage CEO Confidence Index 3rd quarter results. Despite widespread recognition of the recent economic slowdown, CEOs were more confident in their firm’s ability to increase their revenues and profits in the year ahead. Yet, virtually every CEO (92%) expects rising employee health care costs, and 57% of all CEOs expect those cost increases to be more than 10%. Two-thirds of all CEOs said that without the extension of the Bush tax cuts their businesses would be harmed, and nearly half (46%) reported continued unfavorable credit market conditions. In response to a question about the upcoming elections, 62% of CEOs believe the Republicans will control the U.S. House of Representatives in January 2011.
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The new Maserati GranTurismo MC Stradale will be the fastest, lightest and most powerful car in the Maserati range when it goes on sale in the first quarter of 2011. Inspired by the Trofeo GranTurismo MC and the race-winning GT4 motorsport models, it will have more power, less weight, razor-sharp handling and a top speed of 300km/h.
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Looking toward the final months of the year, 11 percent of executives interviewed for the Robert Half Professional Employment Report (http://www.roberthalf.us/per) said they expect to increase the number of full-time staff they employ in professional occupations in the fourth quarter. Five percent anticipate declines, resulting in a net 6 percent1 increase in hiring activity, up three points from the third-quarter forecast.
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Allergan, Inc. (NYSE: AGN), the makers of LATISSE® (bimatoprost ophthalmic solution) 0.03%, announced today the launch of the LATISSE® Wishes Challenge campaign. Inspired by the tradition of blowing on an eyelash to make wishes come true, lifestyle designer Kathy Ireland, professional ballroom dancer Chelsie Hightower and style guide Bobbie Thomas will each lead teams of LATISSE® users from across the country who are challenged to raise more than a quarter of a million dollars for the Make-A-Wish Foundation, a nonprofit organization dedicated to granting the wishes of children with life-threatening medical conditions. LATISSE® solution is the first and only prescription treatment approved by the U.S. Food and Drug Administration (FDA) to grow lashes longer, fuller and darker for those with inadequate or not enough lashes (eyelash hypotrichosis).
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E*TRADE FINANCIAL Corp. (NASDAQ: ETFC) announced Sunday, February 7th that E*TRADE Securities has two new 30-second “Talking Baby” advertisements that ran during Super Bowl® XLIV’s third quarter and immediately following the Big Game on CBS.
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