France’s Safran (SAF.PA) had its shares are pulled up by aerospace investors who set aside recent worries about the economy in light of the company posting a strong third quarter sales and stated that 2014 profit forecasts would be met with ease. A “very active” commercial aviation market is what the manufacturer of defense and […]
Is Adidas’ Reebok Unit, Being Bought by an Investor Group?
A bid to purchase Adidas’ Reebok unit for an estimated $2.2 billion by a group of investors that included Jynwell Capital and funds associated with the government of Abu Dhabi has been launched as the Wall Street Journal reported Sunday. The Journal further stated that the offer will very soon be made in a letter […]
What Boost PulteGroup’s Quarterly Revenue
A 4 percent climb was posted by the third leading U.S. homebuilder, PulteGroup Inc (PHM.N) in its quarterly earnings from home sales, which is further derived from the company’s decision to have a price increase for the twelfth consecutive quarter. The average selling price of the company for its products went 8 percent up to […]
After a Disappointing Third Quarter Result, Where Will Publicis Point the Blame?
A disappointing growth in its organic sales was reported by Publicis as it was only 1.0 percent in the third quarter, its main culprit, according to the company was focusing on “other plans”, this in reference to the Omnicom, based in the United States and the merger it failed to achieve. Chairman and Chief Executive […]
What Is the Effect Of Low Iron Ore Cost to POSCO Profit?
As the cost of raw materials dropped thus giving much needed compensation for weak steel prices, POSCO, a South Korean steelmaker is able to post on Thursday the highest profit for operation in five quarters. With citation of a seasonal demand and the automobile industry’s improvement, the world’s sixth-largest maker of steel stated that it […]
What Caused the Profit Boost for Orange?
As rapid and unexpected cost cutting measures are implemented as well added client sign up for 4G mobile services that are faster than ever, Orange (ORAN.PA), France’s biggest company in telecommunication posted results for the third-quarter that is a little bit higher than forecast. Despite the apparent success, the No.1 mobile firm in France believes […]
Morgan Stanley Profit Soar as Trading Activity Jumps Back to Life?
Thanks to added client activity and a high demand equity market, a Wall Street bank’s trading, investment banking and wealth management businesses, Morgan Stanley, reported a strong 87 percent increase in third-quarter profits. Its long-term and traditional banking operation based on investment banking proved that it can still have a great effect on it the […]
How Did Netflix Stock Plunge Blindside Analysts?
With the video streaming company losing its value by a fifth on Thursday, analysts cut down their price targets apparently blindsided by an unexpected decrease in new subscribers to Netflix Inc (NFLX.O). At least 20 brokerages, BTIG Research is not being a least of them, which also notably two days prior Netflix posted the third […]
Why Is Mattel’s Sales Spiraling Down for the Fourth Straight Quarter?
Falling down further in terms of demand for its billion-dollar brands, Fisher-Price and Barbie as well as burdened with ever increasing pressure as the holiday shopping season looms near, Mattel Inc’s (MAT.O) revenue, for the fourth straight quarter, plummeted down. Barbie’s sales all over the world went down 21 percent in the third quarter that […]
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