After All These Quarters, A New Burst Of Energy
Corporate America is back in the passing lane. Earnings of the 900 companies on BUSINESS WEEK's Corporate Scoreboard zoomed ahead by a remarkable 37% in the fourth quarter and by 19% for the entire year. The 1999 earnings gain for the Scoreboard companies was the largest jump since 1994 and easily bested 1998's slowpoke 2% rise when the economic downturn overseas put the brakes on U.S. profits.
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