Several analysts reacted with skepticism both about the management shifts and the financial arrangements.

The company's share price fell slightly by 1.5 - or 0.2pc - to 840p in early trading, but analysts reacted positively to the new appointment.

Still, analysts reacted positively to the development, which was announced yesterday afternoon.

The first two years were loaded with restructuring costs, and the analysts are reacting to that.

Yesterday, analysts and traders in this market reacted favorably to the news.

For one, analysts may simply be reacting to their misjudgments in previous quarters.

Instead, analysts reacted simply to an unanticipated hit of 20 cents a share.

When Woods does something wrong, analysts react with something approaching shock.

But over all, the professors said, the results suggest that analysts generally react to changes in stock prices rather than cause them.

But for the most part, Republican leaders and analysts have reacted cautiously.