“We did not see anything in the second quarter results that would cause us to alter our full year 2005 stand-alone estimate for Federated of $4.58 per share,”
Wayne Hood
“In the end it is not the years in your life that count. It is the life in your years”
Abraham Lincoln
“Our anticipated results for our second quarter and the remainder of fiscal 2006 reflect smaller year-over-year increases in earnings than we had anticipated, primarily due to continuing production delays in several markets that have postponed deliveries, a slower recent sales pace, higher cancellation rates, more pronounced use of concessions and incentives, and material price increases.”
Ara Hovnanian
“I'm not surprised. (The fourth quarter and first quarter) generally are the best quarters of the year, corporate profits were very good, and the economic data was mixed to favorable.”
John Buckingham
“These second-quarter results continue the favorable trend in industry conditions that we began to see earlier this year. We will be divesting or closing operations that no longer meet the company's financial or strategic objectives.”
John Dillon
“These second-quarter results continue the favorable trend in industry conditions that we began to see earlier this year, ... We will be divesting or closing operations that no longer meet the company's financial or strategic objectives.”
“What impresses men is not mind, but the result of mind.”
Walter Bagehot
