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Corporate Profit Streak Faces a Threat
Posted by: eugen1wzfd (110.89.18.---)
Date: February 19, 2013 08:49AM

Article ExcerptU.S. Profit Streak Hit by Global WeaknessBY KATE LINEBAUGH Bid prada handbags adieu to growing profits. Slowing economies from the U.S. to China, increasingly wary shoppers, recession in much of Europe and a stronger dollar could bring to an end at least cheap burberry handbags 10 continuous quarters of profit growth for America's biggest companies. Until Friday, the outlook had been for further growth in earnings. But forecasts are now turning negative amid a number of profit warnings from companies like Starbucks Corp. and Illinois Tool Works Inc. In the third quarter, earnings by companies in the S&P 500 are expected to shrink for the first time since just after the recession ended, according ...Continue reading jimmy choo handbags article with pop up player




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