Archive for October 16th, 2012

3rd Quarter Earnings Storm Warnings: Don’t Believe Them

Tuesday, October 16th, 2012
3rd Quarter Earnings Storm Warnings: Don’t Believe Them

Alcoa may have beat analysts’ estimates, but forecasters say it’s not a sign of good things to come. Instead, they have hoisted warning flags throughout Wall Street. Earnings reports will disappoint, they say, and managements will give forecasts of weak growth ahead. The implication is that stocks, likewise, will weaken due to poorer than... »

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