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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Nov 06, 2013
Page
8
U S corporate profits rise and stock prices climb despite tepid growth and subpar job gains. Companies cut costs, hold back on investment, and borrow cheaply to bolster finances while shifting more sales overseas, with roughly half of S P 500 profits now earned abroad.
Twitter reports a 65 million loss in Q3 ahead of its first public stock offering. Analysts and investors question profitability, with 47 percent of Americans doubtful about the investment.
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