Sources close to the company said that the notice had come "completely out of the blue" and the day after an upbeat presentation to analysts about its future.

British Aerospace rose 13p to 265p after an upbeat presentation and a modest dividend payment which offset the expected massive losses.

Despite today's upbeat presentation, Mr. Chen said he still had several long years to go before he could call his "baby" a success.

He peppers his upbeat presentations with English jargon like "downside risk" and "outperform."

It was an upbeat presentation from beginning to end.

During the meeting, Mr. Semel gave an upbeat presentation about the company's recent accomplishments and its prospects.

He organized "I Love America" rallies, blending patriotism and conservative values; students at Liberty University produced their own upbeat presentations around the country.

Strong work and strong ideas energize this upbeat presentation of silkscreen prints by 18 well-known contemporary artists.

The format is an upbeat presentation of oldies from the 1960s, 1970s, and early 1980s, with a target demographic of 25-54.