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S&P 500 Earnings Get Boost From Bank Accounting Quirk – Wall Street Journal (blog)

S&P 500 Earnings Get Boost From Bank Accounting Quirk
Wall Street Journal (blog)
FactSet analyst John Butters points out today that the S&P 500′s earnings growth rate for the quarter has jumped this week to 13.8% from 11.5% — largely because of surprisingly good earnings from Bank of America and Morgan Stanley.

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sp500 – Google News