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...very similar to the second quarter, with most firms beating expectations while the top and bottom lines [i.e., revenues and profits] are still lower than a year ago," says Dirk Van Dijk, chief equity strategist for Zacks Investment Research. Overall, Zacks' analyst surveys suggest that earnings for the S&P 500 will be down 23.8% from last year's third quarter...
...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 in fourth-quarter profit - will give a strong boost to the S&P 500 composite earnings. The S&P will also be boosted by a famous departure: "GM was losing billions last year, but it's no longer in the S&P," observes Van Dijk...
...annoying to some extent because people are getting [diplomas] without going through the Harvard experience,” said Ross P. Ford ’12. “But, at the same time, it’s kind of shocking and funny because it’s not what you would immediately expect from a Russian gang...
...It’s really a way of saying it’s time for a novel way of engaging the new political challenges with new political solutions,” said Debbie P. Lin ’11, a history of science concentrator who attended the event. Lin said she was most impacted by Frenk’s focus on global interdependence...
...Staff writer Lauren D. Kiel can be reached at lkiel@fas.harvard.edu. —Staff writer Eric P. Newcomer can be reached at newcomer@fas.harvard.edu...