Upon receiving over 250 million
earnings reports annually from employers, SSA uses various processes to post such reports to workers' Social Security records.
Solid
earnings reports from blue-chip compa-nies 3M Co and Merck & Co failed to inspire much enthusiasm.
Investors, on the other hand, fear that collectivists within and outside the government will seize on any positive
earnings reports as evidence of criminal conduct, and begin a criminal investigation.
Also, tech shares had shot up rapidly earlier this year, then were punished if their
earnings reports didn't meet expectations.
TOKYO, June 16 Kyodo The Finance Ministry announced Wednesday it has nullified an accountant's registration for overlooking window-dressed
earnings reports by failed Mita Industrial Co.
Brewery
earnings reports drive company stocks higher
The local stock barometer sank to the 7,500 level on Wednesday, missing a regional rebound, as investors digested the final stream of local corporate
earnings reports.
The analyst, however, believes "strong" strong May trends for both companies "provide a bit of a cushion." While
earnings reports from Stanley Black & Decker (SWK) and Sherwin-Williams (SHW) provide positive read throughs for the home centers, Whirlpool (WHR) was less encouraging, Baker wrote.
Tokyo stocks fell Tuesday morning as the stronger yen put pressure on exporter shares, although many investors were reluctant to trade aggressively before the release of more corporate
earnings reports.
The strong performance came on positive
earnings reports and on news that the Supply Management's manufacturing index rose to 60.8 points for January 2011 from 58.5 in December 2010.
The US stock market rose to new highs for the year yesterday, after a handful of
earnings reports bolstered fresh hopes that the economy is coming back sooner than many analysts had thought.
Stocks ended higher Friday after a day of quiet back-and-forth trading as investors determined that they could add to the gains of March and April despite mixed economic data and
earnings reports. The advance left the stock market's major gauges with gains of about 1.5% for the week.
