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Tuesday, October 20, 2015 8:59:34 AM
For the third-quarter reporting season so far, aggregate earnings for the S&P 500 stand at $28.62 per share, down 4.77% from a year earlier, according to data from S&P Capital IQ. That’s 64 basis points better since last Monday, when the first full week of earnings season began. More than 110 companies are expected to release earnings this week.http://www.marketwatch.com/story/us-stock-futures-slip-ahead-of-earnings-deluge-2015-10-20?siteid=rss&rss=1
JPMorgan: The Stock Market Still Has $90 Billion in Short Sales Left to Cover
WalMart Suppliers Brace For The Coming Storm: "Now We Know Why They Have Been Pushing So Hard"
..Suppliers of everything from groceries to sports equipment are already being squeezed for price cuts and cost sharing by Wal-Mart Stores. Now they are bracing for the pressure to ratchet up even more after a shock earnings warning from the retailer last week.
"The ground is shaking here," said Cameron Smith, head of Cameron Smith & Associates, a major recruiting firm for suppliers located close to Wal-Mart's headquarters in Bentonville, Arkansas. "Suppliers are going to have to help Wal-Mart get back on track."
http://www.zerohedge.com/news/2015-10-19/walmart-suppliers-brace-coming-storm-now-we-know-why-they-have-been-pushing-so-hard
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