Posted
10:09 AM
by Gene
Retailers report surprise drop in NovemberTHIS WASN'T SUPPOSED TO HAPPEN!!!!!!!!!!
Among 11 retailers that have reported, 80% of them missed Wall Street expectations, according to Thomson Reuters.
"Earnings estimates for the holiday season and first half of 2010 for most retailers remain too elevated," said Wall Street Strategies analyst Brian Sozzi. I REPEAT...oh, never mind.(First link via FinViz)