Brace yourself as a wave of earnings estimate revisions and lots of confusion may be headed your way. (In) the near term, the impact may be painful. |
Changing accounting rules can cause companies to change their behavior. |
If you change those rules you take that protection away and our thinking is a company may have to go out and protect themselves. |
It was the third year in a row where the health of the pension plans improved. Of course, if interest rates continue to go up and if the stock market keeps going up, the plans will get even healthier this year. |
There will be some confusion. It could be April Madness. |