House of Paine

its stilll a boom

 corporation wise
earnings are growing grandly





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"Corporate America's earnings growth streak 
continued in the third quarter 
as companies overall racked up
 another period of double-digit gains"  

 

"The weak link in the earnings chain:
 the so-called consumer discretionary sector
 which includes automakers
 Auto companies' bottom line has been hammered
 as energy prices have hit sales 
of highly profitable larger vehicles"



"the blue-chip Standard & Poor's 500 index 
 had an  overall growth rate of 11.5%  y/y "



"the 14th straight quarter of double-digit y/y gains
 an unprecedented streak"

"latest  story 
 industrial and technology businesses 
are reaping the  pickup in capital spending 
as cash-rich companies upgrade equipment 
to boost output or raise productivity or both"



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