Recent earnings warnings
from large multinationals such as FedEx Corp, Caterpillar Inc and Hewlett-Packard Co which have cited weakness in Europe and China have left investors cautious about the prospects for corporate profits.
health insurer by market value also declared its shares undervalued and offered no negative surprises ae" relief for investors who have endured a spate of earnings warnings
this year from the industry.
equities amid fresh concern about subprime lending and earnings warnings
from major U.
Investors remain concerned about corporate earnings warnings
and the prospect of war as the United States prepares to retaliate for the Sept.
The conference kicked off with an address by Lynn Turner, chief accountant for the Securities and Exchange Commission, who argued that a rising number of earnings warnings
in recent quarters actually argue that investors are gaining increased transparency.
Currently traders are worried that Oracle Corporation will issue earnings warnings
in the next 2 days after their fiscal quarter ends.
came from McDonald's, one of the 30 components of the Dow, and from Northwest Airlines.
P&G is also trying to recover from a turbulent 2000, which saw its chief executive excused and share price collapse amid numerous earnings warnings
As predicted in earlier earnings warnings
, the company announced last Thursday that sales fell 3 percent during the quarter to $487.
Today's influx of economic data has largely been overlooked in due to the wave of earnings warnings
plaguing the housing sector.
stocks fell on Monday, as investors locked in profits after the release of corporate earnings warnings
and ahead of the Federal Reserve's decision Wednesday on interest rates.
Ford's move, announced late Thursday, follows similar production cuts and earnings warnings
from General Motors Corp.