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Re: trunkmonk post# 1929

Sunday, 01/13/2019 5:19:59 PM

Sunday, January 13, 2019 5:19:59 PM

worse than I knew an hour ago.

Apple cut revenue guidance (for the first time in 16 years)
Macy's cut profit guidance, sending its shares plunging the most on record
Barnes and Noble cut profit guidance
FedEx cut profit guidance
American Airlines cut guidance
Delta cut profit guidance
Kohl's reported a plunge in comp store sales
Ford announced it will cut thousands of jobs in Europe
Jaguar announced it will cut 10% of its workforce
Blackrock announced it will cut 500 jobs
State Street announced it will cut 15% of its senior management
AQR announced it will cut dozens of jobs
United Technologies ended sale of Chubb fire-safety as bids were too low.

https://www.zerohedge.com/news/2019-01-13/goldman-warns-earnings-growth-2019-could-collapse-85

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