A large percentage of companies used to provide earnings guidance. However, in recent years this trend has been buckling. Big companies such as Costco, Ford, UPS, Coca-Cola, AT&T, Berkshire Hathaway, and Google have given the thumbs-down to regularly positing quarterly forecasts. Even newly minted public corporations fresh from their initial public offerings are skipping the workout. Discuss the pros and cons of such a decision.
Note: Points will be taken off for prepare-ups that lack organization and order.
Maximum pages: 2 pages, double-space, size 12;