En Sound Media

Wall Street’s Sky-High Expectations Are About to Collide With Reality

Wall Street’s eternally optimistic forecasters are expecting corporate profit growth to surge by the middle of next year — views that are about to collide with reality as hundreds of companies report financial results and update investors on their prospects. American companies go through this ritual every three months: sharing financial statements and holding conference

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Ecuador deal cancels austerity plan, ends indigenous protest

Ecuador celebrated a deal President Lenín Moreno and indigenous leaders struck late Sunday to cancel a disputed austerity package and end nearly two weeks of protests that have paralyzed the economy and left seven dead.  Under the agreement, Moreno will withdraw the International Monetary Fund-backed package known as Decree 883 that included a sharp rise in

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