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Earnings Season Buzzword: Government Shutdown

A few weeks ago it was Tim Cook tempering Apple's first quarter expectations (AAPL reports on January 29th) and now here comes Ed Bastian (Delta Airlines) and Jamie Dimon (JP Morgan) setting the tone for next quarter's earnings. For the current quarter, Delta exceeded estimates, while JP Morgan came up short. Both CEOs took advantage of the current federal government shutdown, however, to take a little pressure off of next quarter's results. Who can blame them?

-- Scrib