U.S. earnings warnings show tepid tone of recovery

Newswire

By Dan Burns NEW YORK, Sept 23 (Reuters) - A series of companies lowering the bar on their profit outlooks in the past week underscores the fragilily of the nascent recovery in U.S. corporate fortunes. Dour news about earnings from such a wide variety of companies as chemicals maker DuPont Co. , grocer Kroger Co. , ball-bearing maker Timken Co. and media company New York Times Co. has helped sour optimism that a sustainable rebound is afoot. DuPont, for instance, said last week it had ...

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