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Corporate earnings surprise in US, Europe isn't what it seems
Published Sun, May 15, 2016 · 09:50 PM
London
EARNINGS from the first quarter are almost all in - and most companies in Europe and the US managed to beat analyst estimates. That's no reason for bond investors to celebrate.
Of the 458 companies in the S&P 500 that have reported, almost 75 per cent beat consensus forecasts, according to Bl…
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