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Non-Tech : Banks--- Betting on the recovery -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (761)4/13/2010 6:39:16 PM
From: tejek  Read Replies (1) | Respond to of 1428
 
Inventory Replenishment’

“The most frequently cited reason for the improvement in volume was ‘inventory replenishment,’” Managing Director John Larkin and his fellow analysts said in an April 6 research note to clients on companies including Celadon Group Inc. in Indianapolis and Heartland Express Inc. in North Liberty, Iowa.

Companies reduced stockpiles during the recession as demand for their products nosedived. Business inventories fell to $1.3 trillion in September from a record high of $1.51 trillion in August 2008, according to the Commerce Department. They have since risen to $1.31 trillion in January and are forecast to show another 0.4 percent increase in February when the data are released on April 14, according to a survey of 37 economists by Bloomberg News.


Funny. INTC reported stellar earnings this PM....I posted the news to Ten who posted back that this recovery seems to have legs. And I responded by posting that "you ain't seen nothing until they start to replenish inventories". Then I read this article you posted. I think its called serendipity. ;-)