1. Profits continued to improve within the Premier Fabrics and Yarns businesses and J E Morgan Heavyweight and there was a significant profit recovery at Blackwood Brothers. 2. And the expectation that profits will continue to rise, thanks to the growing productivity, keeps the Dow Jones average climbing. 3. Another sector that weakened Wednesday was the retail stocks, with some analysts indicating concern that profits will continue to sink. 4. At about the same time, technology bellwethers Intel and Microsoft reported robust earnings and said they expected profits to continue to grow. 5. Benjamin Zacks, executive vice president of Zacks, said even if profits continue rising impressively, interest rates may rise as well. 6. But corporate America has been overwhelmingly negative, with some companies warning that declining profits may continue into the second quarter. 7. But Jobs also seemed to invite inquiry about the duration of the comeback by pointedly volunteering that he did not know whether profits would continue into the next quarter. 8. But though the Fed has raised short-term interest rates four times since June in an effort to slow the U.S. economy, corporate profits continue to chug along. 9. Carmakers also fell on investor concern that domestic profits would continue to be weak. 10. Chief Executive D. Joseph Corr said then he expected the profits to continue as new marketing programs attracted passengers. |
|