Created Thu 25th Sep 6:06am PDT by 
reuters
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Will GE meet its lowered profit forecast for 2008?
Current forecast: 42% chance 
Combining all predictions, the current forecast is that this is 42% likely to happen (unchanged in last 1 day)
General Electric Co slashed its profit forecast on Sept. 25, warning that the turmoil in global credit markets could drive its earnings down as much as 12 percent.For the full year, it forecast earnings of $19.5 billion to $21 billion, or $1.95 to $2.10 per share, compared with its previous expectations of $22 billion to $23 billion, or $2.20 to $2.30 per share. Full story: http://www.reuters.com/article/business/idUSTRE48O34S20080925
Settlement details:
As reported by www.reuters.com
Make your prediction!
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Yes |
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No |
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Activity: H$6,768
Question suspends in 10 weeks
Suspend date: Sat 31st Jan 2009 11:59pm PST (10 weeks to go)
Initial likelihoods: Yes: 50%
Action history:
Created Thu 25th Sep 6:06am PDT by reuters
reuters
Changed Description Sun 28th Sep 5:40am PDT by 
bayoubear![[Admin]](http://www.hubdub.com/images/icon_admin.gif "This user is an admin")
: show details
bayoubear: show details ... or
$2.20
to
$2.30
per
share.
Full
story:
<a
href='http://www.reuters.com/article/business/idUSTRE48O34S20080925'>http://www.reuters.com/article/business/idUSTRE48O34S20080925</a>
<br/>
<br/>
<b><i>To
settle
as
a
YES,
GE's
earnings
must
be
$1.95
or
greater.
A
NO
settlement
would
be
$1.94
or
lower.
</b></i>
Changed Description Sun 28th Sep 7:13am PDT by bayoubear: show details
bayoubear: show details ... href='http://www.reuters.com/article/business/idUSTRE48O34S20080925'>http://www.reuters.com/article/business/idUSTRE48O34S20080925</a>
<br/>
<br/>
<b><i>To
settle
as
a
YES,
GE's
earnings
per
share
must
be
$1.95
or
greater.
A
NO
settlement
would
be
Changed Description Sun 28th Sep 7:15am PDT by bayoubear: show details
bayoubear: show details ... to
$2.30
per
share.
Full
story:
<a
href='http://www.reuters.com/article/business/idUSTRE48O34S20080925'>http://www.reuters.com/article/business/idUSTRE48O34S20080925</a>
<br/>
<br/>
... <b><i>To
settle
as
a
YES,
GE's
earnings
per
share
must
be
$1.95
or
greater.
A
NO
settlement
would
be
$1.94
or
lower.
</b></i>
Suspend date: Sat 31st Jan 2009 11:59pm PST (10 weeks to go)
more info...
Get widget!Predictions (21)
21 predictions
harrovian
hippyboomer
joaoxxx
cognos![[Power User]](http://www.hubdub.com/images/icon_superuser.gif "This user is a super user"){kind=icon}
predicted No (H$200 at 51%)
lcsnor
alm2010
cakie174
kruijs
jarrod
chuck
youbet
infernalmachineComments (1)
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score: 10
Forbes.com 1 day ago
The warehouse club's third-quarter earnings beat the Street as Americans sought out discounts. If you're wondering where all the consumers have gone, look no further than BJ?s Wholesale Club. The warehouse club reported earnings
score: 10
NewsMax.com 2 days ago
was $22.7 million, or 35 cents per share. Earlier this month, BJ's said it expected third-quarter earnings of 45 cents to 49 cents per share, up from a previous view of 36 cents to 40 cents per share, due to strong profits from its gasoline stations.
score: 10
ABC News 2 days ago
revenue of $2.45 billion. Analysts estimates typically exclude one-time items. Earlier this month, BJ's raised its earnings outlook for the quarter. Sales in stores open at least one year, a key retail metric known as same-store sales, rose 11.9 percent,
score: 10
MarketWatch 2 days ago
NEW YORK (MarketWatch) -- BJ's Wholesale Club Inc. (BJ: , , ) said Wednesday that third-quarter earnings were $28.2 million, or 48 cents a share, compared to $22.7 million, or 35 cents, a year ago. Sales were $2.4 billion, an increase of 13.4%
score: 10
CNBC 2 days ago
was $22.7 million, or 35 cents per share. Earlier this month, BJ's said it expected third-quarter earnings of 45 cents to 49 cents per share, up from a previous view of 36 cents to 40 cents per share, due to strong profits from its gasoline stations.
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