October 24, 2013
CHOPPING DEAD WOOD BECOMES THEM:
Stocks rise on strong corporate earnings (Ken Sweet, 10/24/13, AP)
Posted by Orrin Judd at October 24, 2013 6:43 PMSo far, corporate earnings have come in pretty much as most money managers expected. Companies are reporting bigger profits, but most of the growth has come from cost-cutting, a trend that hasn't changed very much since the financial crisis.