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Earnings Season
Posted on 10/24/12 at 1:15 pm
Posted on 10/24/12 at 1:15 pm
Boeing and Lockheed Martin hit their targets. Government spending involved in both these companies.
Some Notable Missed Targets: UPS, Google, CAT, DuPont and Xerox. Not sure about McDonalds? Scary, seems across all sectors corporate earningings are being missed?
Also, Dow Chemical announces 2,300 layoffs by end of 2014. That one raised an eye because of the BR plant?
Some Notable Missed Targets: UPS, Google, CAT, DuPont and Xerox. Not sure about McDonalds? Scary, seems across all sectors corporate earningings are being missed?
Also, Dow Chemical announces 2,300 layoffs by end of 2014. That one raised an eye because of the BR plant?
This post was edited on 10/24/12 at 1:17 pm
2
Posted on 10/24/12 at 3:17 pm to Interception
All my oil stocks are falling due to oil prices- I'm not even getting hammered on earnings. It sucks because I work in accounting for an oil service company and I know almost all the companies in the sector are making a ton of money. Day rates are way up and expenses for service companies are getting pretty low
Posted on 10/24/12 at 4:10 pm to Interception
quote:
That one raised an eye because of the BR plant?
Most of them will be in Europe, I believe.
Posted on 10/25/12 at 3:13 pm to TheHiddenFlask
quote:
Most of them will be in Europe, I believe.
Good to hear!
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