Will Profits Snap Their Hot Streak?
Corporate profits are coming off a tremendous run. Since 2002, the Standard & Poor's 500-stock index has chalked up 18 consecutive quarters of double-digit earnings growth (see BusinessWeek.com, 10/23/06, "So Far, So Good for Earnings"). With companies so far reporting a lackluster fourth quarter, the current earnings period could spell an end to profits' impressive streak.
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