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FDX 3rd quarter earnings double
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<blockquote data-quote="Hawaii50" data-source="post: 702356" data-attributes="member: 15838"><p>Business understate their quarterly earnings. Then end of quarter arrives. All of sudden the business made more they what they expected, it's not true earnings. They set the bar low, so the fund managers will hold their stock and not sell them. Their messing with accounting numbers. If bussiness gets caught. Then it's called professional malpractice in accounting.</p></blockquote><p></p>
[QUOTE="Hawaii50, post: 702356, member: 15838"] Business understate their quarterly earnings. Then end of quarter arrives. All of sudden the business made more they what they expected, it's not true earnings. They set the bar low, so the fund managers will hold their stock and not sell them. Their messing with accounting numbers. If bussiness gets caught. Then it's called professional malpractice in accounting. [/QUOTE]
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FDX 3rd quarter earnings double
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