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A SPOTLIGHT ON THIRD-QUARTER PROFITS
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The early strength in third-quarter profits evaporated as more companies with losses reported results. Boeing, DuPont, and Lucent Technologies not only dragged their respective industry groups into a negative performance but also reduced the overall earnings increase from 13% to 9%. On the positive side, a turnaround at Hartford Financial Services Group and 100%+ profit boosts at PepsiCo and 3M helped make their industries winners. And with sales up 10% and margins at 6.2%, there's no need to cry about this quarter.
Updated Nov. 6, 1997 by bwwebmaster
Copyright 1997, by The McGraw-Hill Companies Inc. All rights reserved.
Terms of Use
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A SPOTLIGHT ON THIRD-QUARTER PROFITS
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Updated Nov. 6, 1997 by bwwebmaster
Copyright 1997, by The McGraw-Hill Companies Inc. All rights reserved.
Terms of Use