(Bloomberg) — The picture emerging at the height of earnings season is patchy at best, with German chemicals maker BASF SE –- a bellwether of global industrial demand –- reporting a loss and forecasting no significant improvement in earnings in the third quarter, while some retail companies beat low expectations.European companies’ second-quarter reports so far have been good enough to justify the stock market’s rally from the lows in March, though it’s not clear they’re providing fuel for further gains.“Global stock markets appear to be starting to get a little wobbly as the latest earnings numbers start to paint a …read more
Source:: Yahoo Finance
