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Serious Money: The Standard & Poor's 500 recently celebrated its 50th birthday, an event that has been accompanied by an unprecedented upturn in corporate profits that has seen earnings-per-share (EPS), advance at double-digit levels in each of the last 19 quarters. Operating cash flows have reached more than $1 trillion (€745 billion) yielding the corporate sector more than ample internal funds to finance growth opportunities. Login or subscribe for more.
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