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Outlook for European corporate profits worsens further

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in
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LONDON (Reuters) - Expectations for second- and third-quarter corporate profits are deteriorating further in Europe, despite a gradual easing across the continent of lockdowns aimed at curbing the coronavirus pandemic, Refinitiv data showed on Wednesday.Companies listed on the pan-European STOXX 600 are now expected to report a decline of 48.4% in second-quarter earnings, down from a drop of..
Date Published: May 20, 2020
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