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Reality Check: Companies see profits again despite recession, but revenue still missing

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
Reality Check: Companies see profits again despite recession, but revenue still missing Posted: Jul 24, 2009 10:55 PM
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This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: Reality Check: Companies see profits again despite recession, but revenue still missing
Feed Title: Simple Thoughts - Java and Web Technology Blog
Feed URL: http://tech.gaeatimes.com/index.php/feed/
Feed Description: News and views as a Software Architect and Entrepreneur on Java and Web Software.
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Profits embolden US companies, but revenue lacking 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 names such as Caterpillar, [...]

Read: Reality Check: Companies see profits again despite recession, but revenue still missing

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