The currency exchange rate can have a huge impact on earnings.
As we saw with April to December earnings, there are a lot of cases where earnings are coming in above forecasts ... companies are giving conservative forecasts, so I think full-year earnings will also beat forecasts.
I think a lot of this is probably speculative buying.
It is only natural that people want to take some profits, they have been making a lot on money lately.
Unless the company restructures thoroughly under the new management, the future of the airline will be uncertain.
History is a race between education and catastrophe.
H. G. Wells
(September 21, 1866 - August 13, 1946)
I'm tired of love; I'm still more tired of rhyme; but money gives me pleasure all the time.
Love makes your soul crawl out from its hiding place.
Zora Neale Hurston