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You Don’t Need To Innovate In Finance; You Don’t Need To Invent Anything New

Archive for January 11th, 2010

Alcoa’s Earning Good News Or Bad?

You wouldn’t know if you read both Bloomberg and WSJ. Alcoa Profit Trails Estimates Amid Currency Costs is Bloomberg’s headline, and it seems like Alcoa missed analyst estimates terribly. Hey, but if you read the Journal story, Alcoa “narrowed losses” and “strengthened revenues.” Things are getting much better. Both are accurate facts, but the different [...]