Slumping demand in Europe hurts sales for U.S. companies

04/29/2013 | Wall Street Journal, The

Earnings of some of the biggest U.S. corporations are coming under pressure because of weakening demand from customers in Europe. Conditions in Europe were much more unfavorable for U.S. companies in the first quarter than expected. Companies selling to Europe don't expect that troubled economies in southern Europe will get worse, but they are worried the biggest economies are showing signs of weakness.

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