India Inc is expected to post a marginal growth in net sales and profit in the financial year’s second quarter, ended September, says an earning preview by the city-based equity research and broking company, KR Choksey Shares and Securities (KRC). The estimates are based on the performa…
Profits embolden US companies, but revenue lacking
Posted on: July 26th 2009 in Market News.
NEW YORK: Corporate America is turning a profit again, but only by spending less, not making more. While recent bullish profit reports have fueled the stock market, a true economic revival will depend on consumers opening their wallets. So far, there’s little evidence of that. Big…
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