I think that's the lesson from Intel's (INTC, news, MSGS) earnings report this quarter.
Stocks closed modestly lower Monday, as rising oil prices and concerns in the tech and drug sectors overpowered a better-than-expected earnings report from Bank of America.
If the CEO is the enterprise, then everyone else is a "human resource", to be "downsized" en masse at the drop of an earnings report.
Apple had a roBust earnings report for the fourth quarter thanks in good part to sales of the iPhone to people who use it for work.
If they were dumping the stock in early June, it's only because they were planning to snap it back up in advance of Apple's July 19th earnings report.
On the surface, the News Corporation’s Feb. 5 earnings report, for the quarter that ended Dec. 31, appeared to show a nearly $90 million increase in newspaper division revenue from a year earlier.
In an earnings report that came in above expectations, Nokia slightly upgraded its forecast for the cellphone market in 2008, and said it expected to keep gaining in market share.
Wilmington is still very risky — its recovery seems to be lagging some similarly constructed Banks — but the bank's July 23 earnings report definitely showed signs that it was catching up.
But some of those earnings reports look a little... funny.
Apple's last two earnings reports showed modest positive growth, after several quarters of the other kind.
The latest earnings reports from big Banks show these financial headwinds at work.
