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07-21-2010, 09:11 AM
Bespoke Investment Group - Think BIG - What Happened to Top Line*Weakness? (http://abnormalreturns.com/links/174482/visit) (www.bespokeinvest.com)
by bespokeinvest 12 minutes ago
Yesterday the investment world was up in arms about weak top-line numbers this earnings season. IBM and TXN reported weaker-than-expected sales the prior evening, and market pundits were using those two reports to characterize the entire earnings season trend. We noted how misguided this reasoning was in a post yesterday, and we provided a chart to show that revenue numbers versus expectations this earnings season had actually been much stronge

see story at Abnormal Returns site...(RSS feed) (http://abnormalreturns.com/links/index?date=07/21/2010#174482)