In this March 6, 2015 file photo, specialist Michael Pistillo watches his screens at his post on the floor of the New York Stock Exchange. As the stock market climbs ever higher, professional investors are warning that companies are presenting misleading versions of their results that ignore a wide variety of normal costs of running a business to make it seem like they’re doing better than they really are.
In this March 6, 2015 file photo, specialist Michael Pistillo watches his screens at his post on the floor of the New York Stock Exchange. As the stock market climbs ever higher, professional investors are warning that companies are presenting misleading versions of their results that ignore a wide variety of normal costs of running a business to make it seem like they’re doing better than they really are. Richard Drew Associated Press
In this March 6, 2015 file photo, specialist Michael Pistillo watches his screens at his post on the floor of the New York Stock Exchange. As the stock market climbs ever higher, professional investors are warning that companies are presenting misleading versions of their results that ignore a wide variety of normal costs of running a business to make it seem like they’re doing better than they really are. Richard Drew Associated Press

AP analysis: More ‘phony numbers’ in reports as stocks rise

June 08, 2015 11:09 PM

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