4
April
Black swans add peril to earnings season
4 April 2011 Reuters
A swarm of Black Swan events will make the first-quarter earnings season even more unpredictable.
Japan's earthquake and nuclear disaster has shuttered factories, choked off demand and disrupted supply chains at major companies. Oil prices have soared as conflicts erupted across the Arab world, and will hit profits for consumer and industrial names.
http://www.reuters.com/article/2011/04/03/us-markets-earnings-swans-idUSTRE73214720110403
