The target date for Countrywide to report is January 29th. It will happen before the market opens. Expect to see speculation in the news before that day. On January 29th Countrywide will report earnings for the fourth quarter and the year, and the news should be interesting. Many analysts use Countrywide, Wells Fargo, HSBC and others as a bellweather. The difference between rhetoric printed as news during the period and actual results, is that results must be legal and certified.
In England the FTSE earased all of last year’s gains. HSBC helped lead the decline.
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