The Traderszone Network

Published in TZ Latest News 19 July, 2014 by The TZ Newswire Staff

Will economy’s fate be set by next two weeks’ earnings?

Companies such as General Electric Co (GE.N) and Intel Corp (INTC.O) have reported solid results. Intel declared that personal computer sales have stabilized, while it forecast third-quarter revenue above Wall Street’s expectations. Profit growth for the second quarter is now estimated at 6.7 percent – excluding results from Citigroup Inc (C.N), which was hit by a big adjustment from a mortgage settlement – better than where they stood at the end of June.

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