L’Oreal has managed to maintain the same in the third quarter growth rate in the second, the dynamics of the division of luxury goods offsetting the slowdown in the consumer products. The world of cosmetics, owner of L’Oréal Paris, Garnier, Lancome and Yves Saint Laurent Beauté, saw its sales scrounge 0.7% to 4.94 billion euros [...]
* China mentioned in the draft statement * A commitment by country * Beijing promises to support domestic demand (Updated with additional elements) CANNES, Alpes-Maritimes, November 4 (Pensioners) – The G20 countries agreed Friday to go “faster” towards more flexible exchange rate as part of a comprehensive action plan which calls for the economy also [...]
* Decrease of 0.5% in September, up 0.2% in Q3 * Soft Outlook for Q4 in a climate of anxiety (Updated with economists, background, link) PARIS, Oct. 28 (Reuters) – French consumer spending on goods fell by 0.5% in September, a decline which reinforces the prospect of low growth in the third and fourth quarters while [...]
PARIS (Reuters) – Altarea Cogedim, real estate group specializing in shopping centers, is poised to acquire the website RueDuCommerce at a price of nine euros per share, which values the company around 100 million euros to benefit from the growth of online commerce. While attendance at malls fell 1.3% in 2010 and is expected to [...]
Sales of GlaxoSmithKline has returned to growth in the third quarter, rising by 4% after falling as much of the previous quarter. The first British pharmaceutical group has reported a turnover of 7.1 billion pounds (8.15 billion euros), when analysts polled by Thomson Reuters I / B / E / S on average expected 7 [...]
Netflix pays dearly for his strategic mistakes in recent months: sharp increase in the price of its subscriptions and split, now abandoned, its DVD rental business by mail and video on demand over the Internet (streaming). The stock has plunged 25% yesterday in after market trading after announcing the loss of 800,000 subscribers in its home [...]
McDonald’s released in the third quarter net earnings of $ 1.51 billion, up 9% compared to $ 1.39 billion generated in the same period last year. Based on the number of shares, net income totaled $ 1.45 where analysts expected a figure of less than 2 cents to 1.43 dollars. Revenues have jumped on their side from [...]
Morgan Stanley has published for its third quarter net income of $ 2.2 billion, or $ 1.15 per share. Last year, the U.S. bank had posted a net profit of only $ 314 million, or $ 0.05 per diluted share for the same period. Revenues from Morgan Stanley came out to $ 9.9 billion against 6.8 billion [...]
Some countries in the euro area want to give the representative of the European Commission (EC) in Athens the power to supervise the privatization of public assets and the Greek administration of the country, said Tuesday European sources Reuters . This radical proposal, rejected by those who believe that this is a form of colonialism, [...]
The French manufacturer first and second European was the internationalization of its sales a priority, particularly with China, India or Russia, but had so far provided no public purpose to beyond 2015. “ Our first strategic goal is to quickly become a global player, we were too European , “said Philippe Varin during the 45th annual [...]
