24/7 Wall St.
04-13-2008, 11:50 AM
24/7 Wall St. Daily News
This week, we'll have an earnings onslaught from major US financial institutions for Q1 2008 quarterly results. What investors need to grasp from these financial giants is not whether or not the companies beat estimates nor that they guide higher. Our favorite conglomerate just dashed hopes of whether or not we are still looking for growth. It is too soon to expect or demand an "ALL CLEAR" signal from financials at this stage. What the investment community can stomach is bad results, lower expectations, and financial write-downs and loss provisions out of financial institutions. As long as the results and... http://feeds.feedburner.com/~f/typepad/RyNm?i=7res3sG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=7res3sG) http://feeds.feedburner.com/~f/typepad/RyNm?i=g13y0jG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=g13y0jG) http://feeds.feedburner.com/~f/typepad/RyNm?i=V6GBl5g</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=V6GBl5g)
complete story here... (http://www.247wallst.com/2008/04/nothern-trust-s.html)
This week, we'll have an earnings onslaught from major US financial institutions for Q1 2008 quarterly results. What investors need to grasp from these financial giants is not whether or not the companies beat estimates nor that they guide higher. Our favorite conglomerate just dashed hopes of whether or not we are still looking for growth. It is too soon to expect or demand an "ALL CLEAR" signal from financials at this stage. What the investment community can stomach is bad results, lower expectations, and financial write-downs and loss provisions out of financial institutions. As long as the results and... http://feeds.feedburner.com/~f/typepad/RyNm?i=7res3sG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=7res3sG) http://feeds.feedburner.com/~f/typepad/RyNm?i=g13y0jG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=g13y0jG) http://feeds.feedburner.com/~f/typepad/RyNm?i=V6GBl5g</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=V6GBl5g)
complete story here... (http://www.247wallst.com/2008/04/nothern-trust-s.html)