Posts tagged "Thomson Reuters"
McDonald’s, a Victim of European Austerity
NEW YORK – McDonald’s Corp., the largest chain of hamburger restaurants in the world, reported Friday that store sales are lower than expected for May and warned that the austerity measures in Europe and the global economic volatility were hitting their results. May sales fell short of Wall Street estimates in Europe and the United...
Avon Reported Less Profit, Less Sales
Avon Products reported Tuesday a disappointing quarterly profit because they faced higher costs and a decline in sales, which could give their opponent more arguments to return to the fray with its plan to acquire the largest firm global direct seller of cosmetics. The Avon sales volume fell in the first quarter and kept...
Chrysler Preferred Over Ford and GM in America
Chrysler LLC reported a 20% increase in sales of new cars in the U.S. last month – its best performance in four years – at a time when the industry has just begun to bounce back. Chrysler, controlled by Italy’s Fiat SpA, said Tuesday that its vehicle sales reached 141,165 in the month of...
