While it's not uncommon for companies to lower the estimates for the next quarter around the earnings season, this quarter the magnitude of down revisions is way higher than normal. Another reason why this is a BMR, rather than a …
by Shaun Richards This morning has shown us that the way that the UK government deals with the private-sector has issues. From Reuters. Interserve Plc’s (L:IRV) shares sank almost 60 percent in value on Monday after the British outsourcing company announced …
by WARREN MOSLER Still looking very weak: From WardsAuto: U.S. Light-Vehicle Forecast: Sales Down Slightly; Inventory Declines to Match Demand A Wards Intelligence forecast calls for U.S. automakers to deliver 1.60 million light vehicles in March. … The report puts the seasonally …