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Q3 Earnings Growth at Lowest Rate Since 2009: Expert

Monday, 8 Oct 2012 | 11:30 AM ET

Sam Stovall, chief equity strategist at S&P Capital IQ, tells CNBC why he expects third quarter earnings season to be weak. "S&P 500 companies are set to post Q3 earnings 1.3 percent lower than a year ago," he said.