But new management and the sale of its diagnostic business to Bayer for $1.2 billion cash give some analysts hope.
While analysts hope this will help, they still question whether it is enough.
Despite such expected troubles, analysts generally hoped that a deal would be completed.
That's a 53% rise from the second quarter in 2000, but analysts had been hoping for faster growth this year.
But he is not expected to announce a definitive agreement, as analysts had hoped.
Some analysts had been hoping that he would announce a new stimulus package today.
Many investors and analysts had hoped the Fed would cut rates by half a point as it had five times this year.
This year's forecast is for 8.8 percent growth, and analysts are hoping they are on target.
The analyst cannot hope to understand the business as well in a few weeks as the user does after many years.
Or they can leave rates unchanged, as analysts expect, and hope that the earlier cuts are still rippling through the economy.