Tuesday, January 1, 2008

Profit projections slide for fourth quarter (Reuters)



Traders work on the floor of the New York Stock Exchange August 9, 2007. (Lucas Jackson/Reuters)Reuters - Projections for S&P 500 companies'
fourth-quarter earnings swung to a 6.1 percent drop on Monday
from an 11.5 percent rise on October 1, in the biggest
quarterly move since Reuters Estimates started compiling
analysts' forecasts in 1999.




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