How Phantom Profits Grow——S&P 500 Ex-Items Net Income Exceeded GAAP Profits By $583 Billion During Last Five-years

By Bernard Condon at AP NEW YORK (AP) — Those record profits that companies are reporting may not be all they’re cracked up to be. As the stock market climbs ever higher, professional investors are warning that companies are presenting misleading versions of their results that ignore a wide variety of normal costs of running […]
You must be a Stockman's Corner member in order to view this post, subscribe to Monthly Subscription, Quarterly Subscription or Annual Subscription.