Archive for the ‘corporations’ Category

UK growth to its most sustained pace in 9 years

Saturday, August 28th, 2010

The growth of the British economy in the second quarter was revised up, the country with even its strongest pace of growth in over nine years, according to data released Friday by the Office for National Statistics (ONS), but Analysts doubt that this improvement continues. The gross domestic product ...

73% increase in net income in the first half of Generali

Thursday, August 5th, 2010

Assicurazioni Generali announced a 73% increase in net profit in the first half, boosted by life insurance, and he anticipates growth in its annual results. The Third European insurer, leader in Italy, has reported a net profit of 873 million euros, compared to a consensus given 869 million. ...

COR-Lafarge lowers its forecast cement demand

Friday, July 30th, 2010

Lafarge has lowered its forecast for 2010 demand for cement in view of the demand in the second quarter, during which the group's turnover fell 2% as organic. The first cement world now exceed its target of 500 million euros from divestments of non-strategic assets for 2010 and said ...

Lower earnings and sales of Thomson Reuters in Q2

Thursday, July 29th, 2010

Thomson Reuters Publishes earnings and quarterly sales decline, slightly below Wall Street expectations, but anticipates a return to revenue growth in the third quarter. Its current operating profit fell 17% to 655 million dollars (500 million) and earnings per share adjusted income is 47 cents against 58 cents in ...

Wall Street awaits the results, fears forecasts

Sunday, July 11th, 2010

Wall Street preparing for a decisive week saw the publication of quarterly several heavyweights in the U.S. economy that will set the tone for future meetings on the U.S. equity market. But even before the opening of the new earnings season, optimism is not appropriate for analysts. Confidence ...

European markets close an down, Paris lost 0.48%

Monday, July 5th, 2010

Major European stock markets closed lower Monday after a session marked by limited volumes due to the closure of Wall Street after the U.S. national holiday. The Paris Bourse ended were down 0.48% at 3332.46 points, while the FTSEurofirst index of leading European values closed at its lowest level ...

Down by 0.2% in construction spending in May in the U.S.

Thursday, July 1st, 2010

Construction spending in the United States showed a smaller decline than expected in May, official statistics show. The Commerce Department reported a 0.2% decrease overall expenditure on construction in May to 841.9 billion dollars on an annualized basis, after rising by 2.3% (revised) in April, which was the largest ...

Emerging economies to the rescue of the advertising market

Monday, June 28th, 2010

Simple relay of growth, emerging markets are fast becoming the spare wheel of the advertising industry, facing down a Europe and an American market that is likely to slow in 2011. Masters in Communication in essence, advertisers together at the festival "Cannes Lions" last week wanted to make a ...

Christine Lagarde supports a tax on banks

Wednesday, March 24th, 2010

The economy minister, Christine Lagarde, expressed support Wednesday for the introduction in France of a tax on banks whose proceeds would be used in case of bankruptcy of a financial institution, more or less following the German example. Interviewed on Radio RMC whether she favored, Ms. Lagarde said: ...

Without help in Athens, Commissioner Olli Rehn fears for the euro

Wednesday, March 24th, 2010

It is necessary that the European Union decided this week with a device to aid Greece, otherwise it would cause difficulties for the euro, says European Commissioner for Monetary Affairs Olli Rehn in a press interview. "There are already technical preparations. Now we need a political decision. It is ...