by Warren Cole Smith
Posted 1/19/15, 10:20 am
Earnings season underway. A week ago, Alcoa’s report kicked off the quarterly earnings season, and while it was good, the news has been mostly downhill since then. A lot of companies, especially banks, missed expectations. Both Bank of America and CitiGroup fell short, and they’re not alone. JP Morgan Chase also missed projections—not by a little but by quite a lot.