Newssift of the Day
July 16, 2009
Newssift of the Day: Positive Earnings Yield Negative Sentiment
Record earnings are reported at one Wall Street firm this week, but negative sentiment surrounding the news abounds. Will the persistent global economic slump impact how we interpret better than expected earnings announcements?
In today’s Newssift of the Day, we’re exploring the Financial Services industry and news that Goldman Sachs surpassed second quarter earnings estimates, defying the odds but eliciting negative sentiment.
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