Few Symptoms From Asian Flu

The Asian financial flu, which has lasted nearly seven months, will have no effect on their firms profits over the next four calendar quarters, claim 63% of U.S. CFOs responding to the most recent corporate outlook survey done by the Financial Executives Institute and Duke Universitys Fuqua School of Business. Of the 37% anticipating either a positive or negative impact on earnings from the flu, the average change in earnings is expected to be 5%.