By Rutherford Investments on October 1, 2008
Earnings Estimates Still Too Lofty
By JOHANNA BENNETT
WHILE WALL STREET’S OUTLOOK for corporate earnings has grown more bearish by the day, the estimates are still not grisly enough.
Analysts have sharply cut their third-quarter and full-year financial profit estimates for companies in the Standard & Poor’s 500 since the summer, finally giving up on the notion that [...]
...read more
Posted in Bill Quoted | Tagged bank bailout, chief investment strategist, corporate america, corporate earnings, corporate profits, credit crisis, dow jones, dow jones industrial average, ed yardeni, fannie mae, financial markets, global economy, johanna bennett, lehman brothers, Rutherford Investment Management, stock market, william rutherford
By Rutherford Investments on June 26, 2008
Second-Quarter Profits: Grief or Relief?
The coming blizzard of earnings reports has Wall Street on edge, but it’s not all bad news ahead. Here’s what to expect.
by Ben Steverman
With just a few days left in the second quarter, Wall Street is preparing for yet another disappointing round of corporate earnings reports.
According to Thomson Reuters (TRI), [...]
...read more
Posted in Bill Quoted | Tagged corporate earnings, corporate profits, credit crisis, credit markets, economic slowdown, economy, market turmoil, recession, Rutherford Investment Management, william rutherford