The U.S. finds itself on the wrong side of the currency manipulation argument this week, as many G20 countries criticize the Fed’s $600 billion bond buying plan, which could further devalue the dollar. World leaders say the mov…
Goldman Sachs (GS) economists defended Federal Reserve Chairman Ben Bernanke’s decision to pump billions of dollars into the economy, saying the move will boost economic growth.
The Fed’s plan to buy $600 billion of assets will improve growth and red…
China and Germany, the world’s second-largest and fourth-largest economies respectively, expressed concern about Federal Reserve plans to pump $600 billion into the U.S. economy.
The Fed announced plans to buy $600 billion of assets earlier this week…
Consumer goods company Unilever NV (UL) reported third quarter earnings of 0.43 euros per diluted share, up from 0.36 euros a year earlier.
Sales rose 13.2% to 11.5 billion euros ($16.4 billion), driven by a strong performance in emerging markets, the company said in a statement.
Higher sales, lower costs and a weaker euro boosted earnings, Unilever said.
“We have delivered another…
Continue reading Unilever Earnings Rise on Strong Sales, Weak Euro
Unilever Earnings Rise on Strong Sales, Weak Euro originally appeared on DailyFinance on Thu, 04 Nov 2010 07:56:00.
Filed Under: Company News, Earnings, Unilever, Retail, Currency
The capital markets have begun to believe the deficit and debt problems in Ireland and Greece may overwhelm political efforts to balance national budgets.
Continue reading Ireland and Greece in Deep Trouble Aga…