Archive for the ‘networks’ Category

Half-year operating profit jumped 52% Hermes

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 ...

FedEx raised its forecast for first quarter and the year

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 ...

Outlook uncertain for Citi and Bank of America

July 16, 2010

Bank of America and Citigroup reported earnings above expectations, due to a drop in credit losses, but prospects are uncertain declines in their share price. As at JPMorgan Chase, which published its accounts on Thursday the results of Citi and BofA in the investment bank emerged down, which does ...

BMW raised its profit forecast for 2010

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 ...

Returning to the UK GDP growth is confirmed

July 12, 2010

UK recession was more severe than feared and the economy would have contracted in the first quarter of 2010 if the government had not spent much, show official figures released Monday. The National Statistics Office has maintained its estimate of gross domestic product (GDP) rising 0.3% over the first ...

Enel is a fivefold increase in its results in Russia by 2014

July 6, 2010

Enel predicts a fivefold increase from 2014 profits of its subsidiary Russian OGK-5 supported by favorable market conditions, said Tuesday the Italian energy group during a presentation. Enel, which owns 55.86% of OGK-5, including anticipated earnings before interest, taxes, taxes, depreciation and amortization (EBITDA) of 471 million euros in ...

The U.S. economy is destroying jobs in June

July 3, 2010

The U.S. economy is destroying jobs in June for the first time this year, with the end of thousands of temporary contracts in the public sector related to the identification and recruitment of fewer than expected in the private sector. It is a blow to Barack Obama's job is ...

The U.S. auto market recovery seems fragile

July 1, 2010

Car sales in the U.S. fell in June from the previous month and the major manufacturers do not believe in for the second semester, they foretold the return earlier this year. The American automotive market, the world's second largest after China, shows a slowdown similar to that suffered by ...

Agreement for the G20 on the crisis

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 ...

Woerth condemns "vile attack"

June 23, 2010

Eric Woerth said Tuesday on France 3 that he "was not thought to resign" for the government in connection with the case Liliane Bettencourt, arguing that "there is also no reason (that it) does so. The Minister of Labour MPs denounced before the attack "disgusting", "disgraceful", adding: "my ...

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