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Reuters: Company profit slump seen running well into '09

Started by chris, December 24, 2008, 07:59:21 PM

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chris

Company profit slump seen running well into '09
      


NEW YORK (Reuters) - Wall Street analysts have abandoned all expectations for a rebound in U.S. company earnings in the fourth quarter, all but ensuring the corporate profit recession that began in the third quarter of 2007 will continue without interruption into next year.<div class="feedflare">
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