Costs Weigh on Avon Earnings
Avon's net income fell 30% in the fourth quarter on higher restructuring costs as revenue grew more than expected on strong beauty sales. online.wsj.com |
Starbucks To Close (For 3 Hours)
Starbucks is shutting down its American stores, but just for three hours. Starbucks' 7,100 U.S. stores will participate in the brief barista re-education. feeds.cbsnews.com |
UniCredit Backs Off 2008 Target in Uncertain Market
MILAN (Reuters) - Europe's No. 3 bank UniCredit backtrackedon a key profit target because market volatility castuncertainty over its investment banking, sending its shares to2-1/2 year lows in a bloody day for credit-concerned markets. feeds.reuters.com |
Lehman raises 2 bln pounds of capital to hush critics
NEW YORK (Reuters) - Lehman Brothers Holdings Inc raised $4 billion (2 billion pounds) of capital on Tuesday by selling convertible preferred stock in a deal designed to stop questions about the Wall Street investment bank's stability. feeds.reuters.com |
Vietnam's state farms to be inspected
Agricultural and forestry farms across Vietnam will undergo inspection, following concerns over inefficient management of land at state farms, local newspaper Vietnam News reported Thursday. One of land-use related problems is the i ... english.people.com.cn |