Corporate America has had a very good pandemic.
about to blast out a blizzard of quarterly profit and sales numbers over the next few weeks, as the carnival of Q4 corporate results kicks off.Large banks will open the floodgates, issuing reports early Friday that mark the unofficial start of earnings season on Wall Street.Earnings reports tell investors, analysts and economists how the economy translates into sales and profits for corporations. They also make stocks move — sometimes a lot.
Though profits initially took a hit in 2020, they rebounded to what was almost certainly record highs last year. You'll sometimes hear executives bellyaching about recent inflation trends such as rising raw material prices, and increasing wages, arguing that they could cut into profits.— showed them up nearly 10% as of November, compared to the previous year.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Covid: Daily cases drop below 100,000, and No 10 apologises to QueenFive things you need to know about the coronavirus pandemic this Friday evening.
Lire la suite »
IRS to commence tax season early, warns of potential hiccups due to pandemic and funding issuesTax season will begin early this year and is already forecast to be an especially 'frustrating' one, the Internal Revenue Service has warned, as pandemic-era tax changes and staffing limitations squeeze the nation's tax agency.
Lire la suite »
Why Russia Hasn’t Cracked Down on COVID-19“To enact harsh or unpopular measures and then see them ignored or sabotaged only deepens the feeling of crisis,” one political scientist said, of Russia’s pandemic response. “The most dangerous thing of all is to give an order that won’t be followed.”
Lire la suite »
Eddie Morgan out as Chicago postmaster amid COVID-related delays: 'We are giving it our all'Eddie Morgan is no longer the city of Chicago postmaster. The change comes amid U.S. post office delays due to COVID cases increasing across Illinois.
Lire la suite »
Utah leaders have surrendered to COVID pandemic, the Editorial Board writesEditorial: 'For more than two years now, officials at all levels and in all branches of our government have missed chance after chance to get a handle on this rapidly spreading and evolving virus.'
Lire la suite »