Step 1: Analyze the first blank in relation to the shareholders' reaction.
Since shareholders expect increased profits, their reaction is likely positive. The words "supported," "welcomed," and "praised" all suggest positive responses. Among these, "welcomed" fits well as it indicates acceptance and approval.
Step 2: Analyze the second blank in relation to industry analysts' reaction.
Industry analysts are concerned about risks, so their reaction is likely negative or cautious. The words "criticized," "opposed," and "questioned" imply negative or skeptical responses. "Opposed" clearly indicates disagreement or resistance, which fits well here.