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Inflation reduces the value of future earnings.
Of course, the discounting of future earnings should hurt all stocks.
It also takes 2.5 percent of future earnings from the buyer, as an administration charge.
Decisions were based partly on salary and age and the potential of future earnings.
Apple, which is notoriously conservative with its predictions of future earnings, easily exceeded its own forecast for the quarter.
(Why not use a forecast of future earnings? Because they tend toward the fictional, as we're now seeing once again).
Other things being equal, a reduction in short-term interest rates should bump up asset values, because their stream of future earnings is discounted by a smaller factor.
Private households are spending lots of money now based on expectations of future earnings and a continuing run-up in stock prices, the report says.
Under the firm's formula, which uses gross income and a more bullish estimation of future earnings, the family should receive an award closer to $5 million.
Mr. Riccobono is seeking punitive and compensatory damages and unspecified compensation for back pay, loss of future earnings and for lawyer's fees.
Weil and the Enron officials then had a long conversation about how certain Enron was about its estimates of future earnings.
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