Earnings are up, but hold your applause

Traders work the floor of the New York Stock Exchange on April 23, 2013 in New York City.

Earnings season continues today, with reports from companies like Exxon Mobil, Amazon and Coca Cola.

So far, the companies have told us mostly good things about their bottom lines. But Allan Sloan, senior editor-at-large for Fortune magazine, isn't buying it. He says so-called "tax games" obscure business performance.

Click on the audio player above to hear Sloan's take on corporate taxes, international business, and Apple's stock moves.

About the author

Allan Sloan is a senior editor-at-large for Fortune magazine.


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