When QE2 is complete, the Fed’s bond purchases will have injected $1.7 trillion in liquidity into the markets since 2008 in an effort to boost corporate investment in new production and new jobs in the U.S. Instead, companies …
ING Investment Management forecasts that stock markets will rise between 8% and 12% in 2011, thanks to a low-inflation, low-interest environment supported by the Fed, despite weak GDP growth. And for those looking for to incre…
With the acquisition, Caterpillar will get a bigger foothold in the mining equipment industry and capitalize on the “robust long-term outlook for commodities.”
Continue reading Caterpillar to Buy Bucyrus in $8….
On the eve of an economic summit in South Korea, disturbing signs of discord are emerging over currency valuations and trade between the U.S. and its major trading partners. Failure to achieve an agreement could set off more “c…
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