"Earnings per share are tipped to fall an average of 8 per cent, while overall profit growth is believed to be down 5 per cent for the first half of 2008-09 compared with a year ago."
How's that a "Blood bath"?
Given the dramatic reduction in share price over the last quarter for most shares I see this kind of reduction priced in already.
"Earnings per share are tipped to fall an average of 8 per cent,...
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