Boeing Raises 20-Year Forecast
Date: 13 July 2006
By Bloomberg News
Bloomberg News
Boeing Raises 20-Year Forecast.
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12th of July 2006 News
Nyheter slik de dukket opp på forsiden av New York Times på 12. juli 2006
HealthSouth Sentence Rejected Again
Date: 12 July 2006
By Bloomberg News
Bloomberg News
Three-judge US Court of Appeals, for second time, rejects one-week prison sentence for former HealthSouth finance chief Michael Martin; calls sentence too lenient for his role in $2.7 billion fraud (S)
Saudis Protest Pipeline Built by the Emirates
Date: 12 July 2006
By Bloomberg News
Bloomberg News
The Saudis say that the undersea line crosses Saudi territory and “cannot be constructed without the agreement of the kingdom.”
Former Chief Resigns From Sears Post
Date: 12 July 2006
By Bloomberg News
Bloomberg News
By Bloomberg News.
HealthSouth Sentence Rejected Again
Date: 12 July 2006
By Bloomberg News
Bloomberg News
By Bloomberg News.
Britain: Marks & Spencer’s Sales Rise
Date: 12 July 2006
By Bloomberg News
Bloomberg News
The Marks & Spencer Group, the largest clothing retailer in Britain, said sales at stores open at least a year rose for a fourth consecutive quarter as the company won back shoppers with new fashion designs, brighter stores and increased advertising. Sales rose 8.2 percent in the first quarter, which ended July 1, including gains of 11 percent for clothing and home products and 5.8 percent for food, the company said.
World Business Briefing | Europe: Britain: Sales Gain at Burberry
Date: 13 July 2006
By Bloomberg News
Bloomberg News
Burberry Group says quarterly sales rose 18 percent and quarterly revenue climbed to 135 million pounds ($249 million), from 114 million pounds ($210 million) year earlier (S)
Former Chief Resigns From Sears Post
Date: 12 July 2006
By Bloomberg News
Bloomberg News
Sears Holdings vice chairman Alan Lacy says he will resign on July 29; will also resign from boards of Sears Holdings and Sears Canada (S)
World Business Briefing | Europe: Switzerland: Reinsurer to Cut More Jobs
Date: 12 July 2006
By Bloomberg News
Bloomberg News
Swiss Reinsurance, following purchase of reinsurance unit of General Electric, plans to cut as many as 2,000 jobs, or 17 percent of work force, in Switzerland and US (S)
S.E.C. Stiffens Rules on ‘Soft Dollars’
Date: 13 July 2006
By Bloomberg News
Bloomberg News
Tougher guidelines limited the kinds of services money managers can buy by paying brokerage firms inflated trading commissions and passing on the higher costs to clients.
Britain: Sales Gain at Burberry
Date: 13 July 2006
By Bloomberg News
Bloomberg News
The Burberry Group, the British luxury goods maker, said quarterly sales rose 18 percent as the company added stores around the world and took over retail operations in Spain and Taiwan. Revenue in the period, which ended June 30, climbed to £135 million ($249 million) from £114 million ($210 million) a year earlier, the company said. The company, which is based in London, said it increased its net retail selling space by 10 percent in the quarter and is on schedule to keep expanding at that pace over the full year. Retail sales rose 34 percent from a year earlier, to £82 million ($150 million), and represented 61 percent of total revenue.