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After earnings warnings and losses, Apple users and investors alike would appreciate a little good financial news.
FORBES: Ten O'Clock Tech: Apple Offers Lower-Priced G4
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As the week progressed there were earnings warnings from FedEx ( FDX) and Norfolk Southern ( NSC) and the entire sector was for sale.
FORBES: Industrials Up, Transports Down: Early Warning Sign Of Market Danger Ahead
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Since these dates stocks declined and the bond yield fell, as weaker than expected economic data and earnings warnings trumped the market speculation due to quantitative earnings.
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"Sentiment is severely battered by a string of negative news, especially the earnings warnings from some blue chip companies like ZTE, " said Zhang Gang, analyst at Central China Securities.
WSJ: Australian Miners Rally, China Slips
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With concern about earnings and more companies issuing profit warnings - the media's constant reference to recession may turn out to be a self fulfilling prophecy.
BBC: Media fuel fears of US recession
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All the rumination and worry, and warnings from the bears about skidding corporate earnings and a supposedly imminent 5%-to-10% punishing market pullback, thus far, have been a non-event.
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Despite the dire warnings, the doughnut maker's earnings report, which included same-store sales increases of better than 10% and more than 300 new stores, indicate there is still plenty of money in fat.
FORBES: Smart Money Still In Fat
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The warnings provided a downbeat start to America's corporate earnings season, which is underway in earnest this week.
BBC: Tech warnings piling up