Companies work hard to lower earnings bar

Courtesy MSNBC.com: Business  Sun, 10/25/2009 - 12:20

A study of stock returns from 1994-2007 concluded that analyst forecasts were the second-most influential force on price movements.<br /><br />Management forecasts topped the listMore than 80 percent of major companies reporting third-quarter results this month have beaten Wall Street expectations.

So is business that good? No.



 

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