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September 01, 2020 1:29pm
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Bracing for the worst from U.S. earnings in a pandemic

Investors are desperate for clarity on U.S. corporate profits as the coronavirus pandemic has forced them to lower expectations ahead of the first-quarter reporting period starting in mid-April. U.S. companies increasingly are withdrawing guidance while warning of the outbreak's steep toll on operations. Twitter Inc last week pulled its first-quarter revenue outlook and forecast an operating loss, while Marriott In
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