“American International Group tumbled 8.9% after a Wall Street stock analyst said the company has no net earnings per share in the conventional sense, and also set a bearish $6 target price for the stock.”
Shocking...’no net earnings’. Hmmm...was our bailout of AIG a good use of taxpayer $$? Part of the ‘too big to fail’ mantra...:(
". . . in the conventional sense, . . . " Huh? I thought earnings per share just had one meaning, not varying by "conventional" and -- I guess -- "unconventional"! Does this mean something I'm not sophisticated enough to get?