World Week Ahead Eyes peeled on US earnings

Sun, 14 Oct 2012

By Margreet Dietz Oct. 15 (BusinessDesk) – The central bank-induced highs of September have given way to concern about the depressed outlook for corporate earnings and the global economy. After the International Monetary Fund kicked off the week with a downgrade of its forecast for worldwide economic growth, US companies including Alcoa reminded investors that the headwinds facing Europe and China make corporate smooth sailing increasingly challenging. Indeed, Thomson Reuters data showed 11 negative outlooks for fourth-quarter results so fa...

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