By Amanda Cooper
LONDON, April 24 (Reuters) - European shares fell on
Thursday, led by a decline in banking shares after more
writedowns from Credit Suisse (CSGN.VX: Quote, Profile, Research) and a bearish update
from Barclays (BARC.L: Quote, Profile, Research).
Beyond the financial sector, earnings from a number of
European large caps including ABB [...]
MUMBAI, April 24 (Reuters) - India’s biggest car maker,
Maruti Suzuki India Ltd (MRTI.BO: Quote, Profile, Research), on Thursday reported a
surprising 34 percent fall in quarterly net profit, as a large
depreciation charge weighed on higher sales.
Maruti, 54.2 percent owned by Japan’s Suzuki Motor Corp
(7269.T: Quote, Profile, Research), said net profit [...]
MILAN, April 24 (Reuters) - The targets that Italian
industrial group Fiat (FIA.MI: Quote, Profile, Research) has set for itself for 2008
should be “easily achievable,” Chief Executive Sergio Marchionne
said on Thursday.
He was speaking on a conference call to analysts after Fiat
posted a better-than-expected first-quarter profit on higher
sales.
Earlier in the [...]
HONG KONG, April 25 (Reuters) - Hong Kong stocks are expected
to move higher on Friday on overseas gains and the strength of
China markets, but lower oil and gold prices could trigger
profit-taking in related counters.
“The blue-chip index should test the 26,000 level today as
Chinese stocks are likely to continue to [...]
DETROIT (Reuters) - General Motors Corp’s (GM.N: Quote, Profile, Research) chief sales analyst said on Wednesday the U.S. automaker expects the automotive industry’s global sales to rise about 4 percent this year due to strong demand in emerging markets.
The North American market has been “challenging” but GM saw strong sales in [...]
(Adds CEO interview, analysis, takeover speculation, byline;
updates share price)
By Helen Chernikoff
NEW YORK, April 23 (Reuters) - Diversified manufacturer
Rockwell Automation Inc (ROK.N: Quote, Profile, Research) posted lower-than-expected
quarterly earnings on Wednesday on disappointing operating
margins, sending its shares down as much as 11 percent and
touching off takeover speculation.
The company, whose [...]
(For table of earnings forecasts, click [ID:nT287406])
* What: Top Japanese automakers‘ 08/09 outlook, Q4 earnings
* When: From April 24 to May 13
* Fourth-quarter earnings performance to be mixed but
double-digit falls assured for most in 2008/09 due to weak dollar
and rising commodities prices
By Chang-Ran Kim, Asia auto [...]
(Adds details)
MEXICO CITY, April 23 (Reuters) - Mexican conglomerate Alfa
posted a 41 percent decline in first-quarter net profit on
Wednesday due to higher taxes and financial costs amid an
acquisition spree.
Alfa (ALFAA.MX: Quote, Profile, Research) said January-March net profit fell to 719
million pesos ($68 million) from 1.217 billion pesos a [...]
By Fang Yan
SHANGHAI (Reuters) - Great Wall Motor Co (2333.HK: Quote, Profile, Research), China’s largest sport utility vehicle (SUV) maker, has postponed its domestic A-share listing until later this year partly due to concern over the mainland’s slumping stock market, a source familiar with the situation said on Wednesday.
Great Wall Motor, [...]
Por su parte el Real Chiapas, aunque empat� en el encuentro final con tantos del Angel Espinoza, H�ctor Su�rez y Julio L�pez, cay� por la diferencia de un gol del partido anterior, resultando en un digno subcampe�n.
Al final de la contienda ambos oncenos se felicitaron deportivamente por el esfuerzo y fueron reconocidos por la directiva [...]
