Forecasts and Analysis
Safilo Revised Down its Full Year Outlook
MILAN - Italy's Safilo Group SpA revised its full year outlook, and reduced second quarter earnings by more than a third.
— Jul 31, 2008
Avon Profits More Than Double
Two years into its restructuring, Avon Products Inc. has begun to reap the rewards of its labor, reporting that its second-quarter profit more than doubled.
— Jul 31, 2008
LVMH delivers good results in the first half of 2008
LVMH, the leading luxury products group, record first half revenues of 2008 of 7.8 billion euros, reflecting organic growth of 12%.
— Jul 29, 2008
Tough Forecast for August Market
Manufacturers are tightening their seat belts for a bumpy ride at next week¿s spring market here.
— Jul 28, 2008
Retail Shares Slide as Housing Worries Sink Stocks
Retail stocks fell over 2 percent Thursday as renewed concerns about the housing and finance markets combined to sink the Dow Jones Industrial Average.
— Jul 25, 2008
Tougher for the Times
Standard & Poor's placed The New York Times Co.'s BBB- rating (the lowest investment grade rating) on CreditWatch negative on Wednesday.
— Jul 24, 2008
