Firms' raised estimates for profits send optimism up
Article Abstract:
The robust United States corporate financial statements have made the firms optimistic about sales and earnings and have shown a positive trend with regards to the stocks and the economy. The earnings growth expectations increased by more than 7.5 percent for the second quarter and 8.5 percent for the full year 2004, which could be attributed to the comments and forecasts from the companies across the board.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
Big drop in exports widens trade gap
Article Abstract:
A big drop in exports and record imports in June 2004 resulted in widening of the US trade deficit to a record $55.8 billion. Analysts felt that the unexpectedly large trade gap would lead the government to lower its reading of second quarter economic growth.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
U.S. trade gap hits record high of $43.1 billion
Article Abstract:
The US. trade imbalance rose to $43.1 billion in January 2004 as reported by the Commerce Department. The best way to handle the trade deficits is to get the other countries to open their market to US. businesses and remove the trade barriers.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Cisco shares fall 11% after its optimism on sales fades. Long search is over for Google. Disney rollercoaster in ledgers, not parks
- Abstracts: Firms in Phila. consider attack risk. Tax law produces dividend confusion. Mutual fund battle: Vanguard group's long-term fund business is now larger than Fidelity's and growing faster each month
- Abstracts: Loans to students help but fall short: Fixing a popular U.S. program may mean students pay more. Fewer apply for jobless benefits
- Abstracts: Local business is still a man's world: Few women serve as directors or top executives of area companies, a study shows