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As of Friday, November 20th:
The blended earnings growth rate for the S&P 500 for Q3 2009, combining actual numbers for companies that have reported, and estimates for companies yet to report declined to -13.8% from -13.7% in the previous day. As of October 1st, the earnings growth rate was at -24.7%.Of the 480 S&P 500 companies who have reported Q3, 79% beat estimates, 7% were in-line, and 14% were below estimates.  The blended earnings growth rate for the S&P 500 for Q3 2009 is currently at -13.8%. (Data provided by Thomson Reuters)

LATEST EARNINGS RESULTS


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Borders Shares Plummet as Loss Widens
By: AP | 25 Nov 2008 | 06:30 PM ET
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Bookseller Borders says its third-quarter loss widened because of falling sales, falling short of analyst estimates.

Shares of Borders [BGP  Loading...      ()   ], which closed at $1.68 Tuesday, plummeted more than 30 percent in extended trading Tuesday.

Borders reported a net loss of $175.4 million, or $2.90 per share, compared with $161.1 million, or $2.74 per share in the same quarter of last year. That includes charge of more than $133 million for tax and asset impairments.

Excluding charges, Borders says its loss was 64 cents per share.

The company says revenue dropped to $693.4 million, from $765.2 million in the same quarter last year.

Analysts surveyed by Thomson Reuters expected a loss of 50 cents per share, on average, on revenue of $726.5 million for the quarter.

- CNBC.com staff contributed to this report.

© 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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