Sunday, July 26, 2009

Sales Fail to Keep Pace With Profits as Economy Stays Sluggish - Bloomberg.com

Sales Fail to Keep Pace With Profits as Economy Stays Sluggish - Bloomberg.com

Completely overlooked story about this quarters earnings reports. Sales are down 20%,30%, even 40% year over year. Contrary to what CNBC is telling you... these earnings are nothing to write home about. Not mention they are beating lowered low bar guidance. Big whoop.

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