Despite market buoyancy, companies lower expectations

02/11/2013 | Wall Street Journal, The

Despite a better-than-expected fourth quarter for U.S. corporate earnings and a soaring stock market, the outlook is less rosy, beginning with this quarter, companies say. Surveys of corporate leaders reveal caution about the domestic consumer market and the still-problematic eurozone, as well as restrained plans for investment.

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Wall Street Journal, The