Grocery stores are typically considered recession-resistant. Supermarkets work on thin margins and never hesitate to pass on rising food costs directly to their customers. Besides, consumers still need to eat. We'll see how Kroger
Earnings should be lower for investment banker Morgan Stanley
Speaking of appetites for smaller rivals, Oracle
Oracle is having no problem growing in this environment. Analysts see it growing earnings by 23% to $0.27 a share in its fiscal first quarter.
It's a quiet Friday on the earnings front, so you may as well dig deeper into Thursday's reports. Other notable reporters that day include corporate-uniform rental leader Cintas
Until next week, I remain,
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