Archive for the ‘different’ Category
August 31, 2010
Hermes International, which saw operating profit climb 52% in the first half thanks to strong sales of its leather and leather goods division, has revised marginally upwards its annual objectives. After a leap in its first half sales (+20% at constant exchange rates), the luxury goods group announced in ...
August 28, 2010
The price increase has decelerated in August in Germany, statistics released Friday showed, suggesting that inflationary pressures across the euro area could be diminishing. The higher wage demands from German unions, however, may counteract this trend in the first economy in Europe. The rate of annual inflation in ...
August 27, 2010
The Dutch manufacturer of luxury cars Spyker Cars, which bought the Swedish Saab General Motors said Wednesday that it had a liability greater than the amount of its assets. In a statement posted on its website, Spyker said that the negative balance as of June 30 is the consequence ...
August 7, 2010
Berkshire Hathaway reported Friday a 40% drop in net profit in the second quarter, falling equity markets have depreciated the value of certain derivatives contracts it holds. The fund headed by Warren Buffett, however, reported an operating profit up 73% driven by the acquisition of the rail operator Burlington ...
August 5, 2010
Sanofi-Aventis should not engage in a battle to win market because Chris Viehbacher Genzyme, its director general, is not customary for this type of attack that the market would not fail to punish. There is no urgency or need for Sanofi to conduct this transaction at any price, even ...
August 4, 2010
Growth in the services sector in the euro area has accelerated in July, but with differences between the duo Franco-German leaders, and the South behind, shows the PMI survey published by the private institute Markit Economics. Calculated based on responses from some 2,000 companies, the final index Markit activity ...
July 26, 2010
FedEx raised its earnings forecast for the current quarter and the full year, citing higher than expected growth in volumes from its two main divisions, Express and Ground. The U.S. company now expects annual earnings per share from 4.60 to 5.20 dollars, against 4.40 to 5.00 dollars allocated so ...
July 14, 2010
The German automaker BMW has raised its profit forecast Tuesday and sales volume for 2010, highlighting the better than expected results from its automotive business. In exchange, the share gained 7.4% to 41.80 euros at midday, while that of its competitor Daimler clinching 4.6% 0 43.47 euros. Profit ...
June 24, 2010
The G20 members are expected to reach agree on a comprehensive strategy to end the crisis and growth during their meeting in Toronto, said Olli Rehn, judging exaggerated the differences on these issues from both sides of the Atlantic. In a interview with Reuters, the Commissioner of Economic and ...
March 24, 2010
Gas prices in France should increase by about 9.5% in early April, Reuters said a source familiar with the matter, confirming a report published the same day by the daily Le Figaro. The Regulatory Commission of Energy (CRE) will meet Thursday morning to discuss the proposed rate increase of ...