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Asia Stocks Hurt as Profit Forecasts at 12-Year Low Versus World

(Bloomberg) Analyst estimates for Asia’s corporate profits have fallen to more than a decade low relative to global peers, and further downgrades are on the horizon as China’s economic growth slows and global supply constraints remain.

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Detailed text transcripts for TV channel - FOXNEWS - 20180428:14:26:00

change on friday, investors actually struggled to balance solid earnings growth with the possibility of rising inflation and higher bond yields. and let s focus on profits with more than half of the companies in the s&p 500 reporting first quarter results, nearly 80% have beaten profit estimates and 74% have beaten revenue estimates. tech sector started out strong with amazon topping analyst expectations the e-commerce giant more than doubling profits from a year ago. meantime facebook did rally 9% after its earnings and the company revealing a 13% jump in users last quarter and that puts total users with facebook around 2.2 billion. microsoft and intel also hitting all-time highs on earnings, and apple, big one, apple is set to report its first quarter earnings on tuesday. back to you, neil. neil: a good back drop there thank you very very much. all right in the meantime, step back from that, i did a little bit of searching around too, christina is not the only one

Detailed text transcripts for TV channel - CNN - 20180415:22:23:00

from a year ago. that is the best growth since the first quarter of 2011. on friday, jpmorgan easily topped profit estimates and the ceo jaime diamond sounded bullish about the impact of tax reform for consumers and businesses. this comes as we saw wild swings on the dow, trade war fears and geopolitical tensions generated plenty of risk to the markets. adding to the volatile think month, james comey s blitz tour, furious tweets from president trump in response could upsetle the markets. in new york, christine romans. before the bell is brought to you by etrade, the original place to invest online. go to cnnmoney.com/beforethebell to stay on top of the markets. and sign up for the daily newsletter. and seamless experience across web and tablet? do you want $4.95 commissions for stocks, $0.50 options contracts?

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