Relevant:
- Wall Street ends down after China rate cut fails to calm nerves
- Stocks Trade Lower as Goldman Sachs Slides After Missing Earnings Forecasts
- Wall Street banks "need" to catch a break
- Big Banks Start Off Earnings Season With A Bang, Surpassing Expectations
- JCPenney shuttering up to 140 stores as sales weaken, more sluggish growth seen ahead
2017-07-14 — reuters.com
``"The bar for earnings is higher this time around, especially after the phenomenal growth we saw in the first quarter. So companies that miss expectations or guide down will be overly punished," said Michael Scanlon, portfolio manager at Manulife Asset Management.''
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