Word: overeers
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Dates: during 2000-2009
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That would spell trouble for stocks were it not for high investor confidence that a blockbuster fourth quarter is about to unfold. "Earnings on a year-over-year basis are expected to more than double in the fourth quarter," says Van Dijk, thanks largely to big recovery in the financial...
Calculating the financial group's improvement can be a bit tricky since going from a loss to a profit isn't truly a percentage improvement. "When you cross over zero, comparisons get weird," says Van Dijk. Even so, the financial group's turnaround - it should log $15 billion or more...
Those accounting tweaks make the 2009 fourth quarter's huge expected gain a bit less meaningful, but it's still a factor in the market's future. "Even though a child can figure out that the year-over-year numbers are going to surge from a depressed base of a...
Investors will be getting some tangible good news on earnings too. According to Zacks, companies currently in their fourth quarter are expected to show a modest 7.7% gain over the third quarter of 2009. That's not spectacular, but it's progress and it's real. Says Van Dijk, "It...
“I personally object to such an idea,” said Ivan Bochkov, who was born in Moscow. “Weather over there is brutal–it causes a huge mess for traffic and pedestrians–but it would be a huge waste of...