Peter Cardillo

Peter Cardillo
1972 Harlem mosque incident describes the April 14, 1972 shooting of a New York City Police Departmentofficer at the Nation of Islam Mosque No. 7 in Harlem, Manhattan, New York City. The officer responded to a fake 9-1-1 call, was shot and died six days later. The incident sparked political and public outcry about mishandling of the incident by the NYPD and the administration of Mayor John V. Lindsay...
damage earnings focus last reporting sector shift
The focus will shift from earnings to the presidential election. We're in this last part of earnings reporting and most of the damage has already been done. There's not one sector that has not been raided.
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It's a cautious day at the end of an up quarter, ... I think we'll continue to see caution next week as we await the start of the third-quarter earnings reporting season, and look at some of the key economic numbers, particularly the unemployment number Friday.
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The two reports don't constitute a change of direction for the economy, but they are negative enough to make investors feel more cautious about the recovery.
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Some of the good earnings reports and good guidance are reversing market psychology. In general, we're probably heading for a good earnings season.
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From a 'wall of worries' standpoint, the market needs to be assured that there are no other casualties out there that are going to report weaker earnings, and from an energy standpoint, prices have got to move lower.
deeper earnings mood move next period remains reporting risk run selling week
The mood remains positive, but I think after the run you've seen, there is the risk as we move deeper into the earnings reporting period over the next week or so, that you have a little selling on the news.
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Accelerating GDP growth certainly bodes well for future economic activity, ... And though the report showed the impact of defense spending, it also showed that corporations are starting to spend more, too.
certainly defense economic future growth impact report spend starting though
Accelerating GDP growth certainly bodes well for future economic activity. And though the report showed the impact of defense spending, it also showed that corporations are starting to spend more, too.
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The major companies have already reported and it's quite obvious that this market just can't shake the earnings syndrome.
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You see some individual companies reporting disasters while others are beating street expectations. So that's positive. That shows that the rut in that particular group is probably coming to an end.
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I think the market is responding pretty well to the reports and also positioning itself ahead of the economic news due later in the week,
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There's skepticism about earnings -- companies may report good earnings but they might have some negative comments to make about future revenue growth.
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Basically the market is responding to the latest earnings reports and waiting to see what happens with Apple Computer after the bell.
damage earnings focus last reporting sector shift
The focus will shift from earnings to the presidential election, ... We're in this last part of earnings reporting and most of the damage has already been done. There's not one sector that has not been raided.