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Tekijä: | Leonhardt, D. |
Otsikko: | A last-minute blast keeps the party going |
Lehti: | Business Week
1997 : MAR 3, VOL. 3500: 380, p. 62-64 |
Asiasana: | EARNINGS PHARMACEUTICAL INDUSTRY AEROSPACE INDUSTRY |
Kieli: | eng |
Tiivistelmä: | Earnings for the 900 companies on BUSINESS WEEK's Corporate Scoreboard blasted expectations. Helped by a 33% forth-quarter gain, corporate profits grew at a 14% pace, making 1996 the fifth straight year of double-digit returns. Sales rose 11% in the fourth quarter and (% for the year. The strong finish is particularly impressive considering how the year began - with a quarter of flat profits and a sharp drop in capital-spending growth as interest-rate hikes kicked in. |
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