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November 13, 2018

Has growth peaked for corporate profits?

  • Stock prices are not getting the boost that they usually do when companies report better-than-expected earnings.
  • By STAN CHOE
    AP Business Writer

    NEW YORK — Here's the challenge when something's as good as it gets: What comes next?

    Companies across industries are in the midst of reporting another quarter of gargantuan profit growth, driven by lower tax bills and a growing economy. Amazon said its net income surged more than tenfold during the summer from a year earlier, for example.


     
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