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Earnings Outlook in U.S. Dims as Global Economy Slows

The estimated drop in corporate profits comes as hiring in the United States has slowed in recent months, and removes what had been an economic bright spot in an otherwise cloudy picture.

 

Stock Futures Rise; RIMM Up 11%

U.S. stock futures rose as better-than-expected earnings reports from Research In Motion and Oracle late Thursday reinforced confidence in the ability of companies to increase profits next year.

 

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