Summary
NEW YORK - Wall Street's focus will shift to corporate earnings in the week ahead, with hopes that the negative outlooks that stymied the market in September will dissipate and that a few positive surprises will push stocks higher.
More than 100 companies are scheduled to release their third- quarter earnings reports this week, the first full week of earnings season, which will last through mid-November. Despite the numerous warnings and negative outlooks that generated plenty of press, analysts expect the companies in the Standard & Poor's 500 to report a 10 percent to 15 percent increase in profits from a year ago.See the full content of this document
Extract
Earnings Reports to Shepherd Wall Street
However, it's not how much profits increase, but whether a company beats Wall Street forecasts that det...
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