Tuesday, February 08, 2011

Revenues Rise Most in 5 Years

Total revenue for S&P 500 companies may rise 7.5 percent this year, the most since 2006, to an all-time high of $1,017.44 a share, according to analyst estimates compiled through Feb. 6 by Bloomberg. Sales fell 13 percent between November 2008 and October 2009 as the worst U.S. recession since the 1930s forced businesses and consumers to cut back on spending.

No comments: