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DriverHeaven Founder
Join Date: May 2002
Posts: 32,480
Rep Power: 179 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
Investors will become highly attuned to earnings news this week as the second quarter approaches the final stretch.
Companies are expected to warn Wall Street of any earnings shortfall as they begin to close up their books on the current quarter, which finishes at the end of June. Apple Computer and chipmaker Advanced Micro Devices already <a target="_blank" href="http://news.com.com/2009-1017-255584.html">warned</a> last week that earnings and revenue will be lower than previous expectations, and database software maker Oracle reported a lackluster fiscal quarter ending May 31, all of which might mean rough news from other companies. |
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the last samurai
Join Date: May 2002
Posts: 1,086
Rep Power: 0 ![]()
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will this slump ever end? there are so many stocks that are still over-valued that need to come down...is there a bottom in sight? probably not. the only thing that can get us out of this is some earnings and cash flow.
can i borrow 5 bucks until tomorrow?
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