Tax Reform in This Election Year: It's Not Likely
Which Credit Card Rewards Does the IRS Care About?A new study published by Matthew Magilke of the University of Utah and Jeffrey T. Doyle of Utah State University suggests that public companies don't time their earnings releases based on how favorable or unfavorable the numbers might be.
This flies in the face of what most observers -- myself included --- have noticed. Unless there's some very rigid schedule for earnings releases, most companies prefer to dump bad news on Friday afternoons -- and if there's a three-day weekend coming up, then that's even better.
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
