The Morning Ledger: Earnings Carry Warning Signs for Growth

Third-quarter earnings came in strong, but the results raised some red flags about future growth. Companies slashed their spending on factories, equipment and other performance-enhancing investments by 16% from year-earlier levels, write CFOJ’s Maxwell Murphy and Vipal Monga and the WSJ’s Neil Shah in today’s Marketplace section. Almost 90% of the companies that have given financial forecasts for the final quarter of the year have prompted Wall Street analysts to lower their numbers.

Read Original Post from the Wall Street Journal

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