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Articles Written by: THOMAS MULIER
SWATCH Group AG, the world's largest watch maker, reported yesterday that first-half operating profit exceeded analysts' estimates after timepiece margins widened and the company's tax rate dropped.
Operating profit rose 16 percent to 593 million ...
From THOMAS MULIER,
Shanghai Daily,
15 Aug 2008
NESTLE SA, the world's largest food company, said increase in sales at its Jenny Craig weight-management unit has slowed in recent months as United States consumers cut spending.
"We've had a very, very strong start for 2008, but we are seeing some ...
From THOMAS MULIER,
Shanghai Daily,
19 Jun 2008
HENNES & Mauritz AB, Europe's second-largest clothes retailer, reported profit growth that beat analysts' estimates and said sales rose at a faster pace last month as shoppers started buying summer fashions.
H&M gained as much as 8.3 percent in ...
From THOMAS MULIER,
Shanghai Daily,
18 Jun 2008
SWISS family-owned watchmakers may become takeover targets as Swatch Group AG, the world's biggest watchmaker, and Cie Financiere Richemont SA seek to add to their collections of brands, a Bank Vontobel analyst said.
Ulysse Nardin, Corum and Roger ...
From THOMAS MULIER,
Shanghai Daily,
12 Jun 2008
NESTLE, the world's largest food company, looks likely to report an increase in first-quarter revenue after increasing prices by the most in a decade.
Sales rose 4.5 percent to 25.35 billion Swiss francs (US$25 billion) from 24.25 billion francs a ...
From THOMAS MULIER,
Shanghai Daily,
18 Apr 2008
BARRY Callebaut AG, the world's biggest bulk chocolate maker, has said its first-half profit unexpectedly stagnated on higher ingredient costs and expenses for opening Russian and Chinese plants.
Callebaut fell as much as 6.1 percent in Zurich ...
From THOMAS MULIER,
Shanghai Daily,
3 Apr 2008
PHILIP Morris International Chief Executive-designate Louis Camilleri said he hopes the Standard & Poor's 500 Index will admit his company, Europe's largest cigarette maker.
The company, which will be spun off from parent Altria Group Inc this month, ...
From THOMAS MULIER,
Shanghai Daily,
18 Mar 2008
LINDT & Spruengli AG's second-half profit may have climbed after the Swiss maker of Ghirardelli chocolates boosted sales of higher-priced confections made from dark chocolate, a survey showed.
Profit gained 14 percent to 227 million Swiss francs (US$ ...
From THOMAS MULIER,
Shanghai Daily,
16 Mar 2008
SWATCH Group AG's second-half profit rose at the slowest pace in three years on lower demand for the company's watches in Japan and production bottlenecks.
Net income at the world's largest watch maker climbed 11 percent to 554 million Swiss francs ( ...
From THOMAS MULIER,
Shanghai Daily,
14 Mar 2008
NESTLE SA, the world's largest food company, raised its sales forecast for this year because of price increases and higher shipments of Easter chocolate.
The shares jumped the most since August. Revenue growth, excluding acquisitions, divestments ...
From THOMAS MULIER,
Shanghai Daily,
13 Mar 2008
