Sep 1, 2014

Mayne: 170 business losers take out the trash

Some companies like to wait until the last possible minute to take out the (financial) garbage.

Stephen Mayne — Journalist and Founder

Stephen Mayne

Journalist and Founder

The earnings reporting season officially finished last Friday, and that great tradition of a deluge of last-day losers continued as usual.

With reduced resources and earlier deadlines, the mainstream newspapers have not captured the magnitude of what unfolded on Friday when about 170 listed companies revealed losses for the latest period up until June 30.

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