World Week Ahead US tech earnings in focus

Sun, 20 Jan 2013

By Margreet Dietz Jan 21 (BusinessDesk) – US corporate earnings will take centre stage with Apple, Microsoft, IBM and Google among those scheduled to release in the coming days. So far, about 72 percent of the 67 S&P 500 companies which have reported quarterly results beat analysts' forecasts, according to Bloomberg News. Results from General Electric and Morgan Stanley were among those that pleased investors on Friday, while shares of Intel copped a beating, reporting sagging sales after the market closed on Thursday. After a weak sta...

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