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FINANCIALS

Thursday, 28 August 2008

Quarterly Loss at Talbots Widens

Quarterly Loss at Talbots Widens

By MIKE BARRIS Talbots Inc. fiscal second-quarter loss ballooned amid a change in the timing of a June clearance sale at its namesake chain as the company needed big markdowns to clear inventory at its ailing J. Jill brand.

Source: Wall Street Journal

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Thursday, 20 November 2008

Barnes & Noble swings to 3Q loss

Barnes & Noble swings to 3Q loss

PORTLAND, Ore. (AP) - Barnes & Noble Inc. reported a larger-than-expected quarterly loss Thursday on significant drops in traffic and consumer spending at its stores.

(Source: The Associated Press)    read more...

Thursday, 20 November 2008

AstraZeneca Cuts 1400 Jobs, Fends Off Pulmicort Copy (Update2)

AstraZeneca Cuts 1400 Jobs, Fends Off Pulmicort Copy (Update2)

By Trista Kelley Nov. 20 (Bloomberg) -- AstraZeneca Plc will eliminate 1400 jobs and close plants in Europe as the UKs second-largest drugmaker expands cost-cutting measures...

(Source: Bloomberg)    read more...

Thursday, 20 November 2008

Europes Uphill Battle

Europes Uphill Battle

Stocks slump as the downturn hits major companies like Rolls Royce and Air France-KLM. European stocks closed lower Thursday, as another heavy round of layoffs were unveiled and...

(Source: Forbes)    read more...

Thursday, 20 November 2008

Dollar Falls on Bets Auto Bailout Plan to Reduce Refuge Demand

Dollar Falls on Bets Auto Bailout Plan to Reduce Refuge Demand

By Jamie McGee and Ye Xie Nov. 20 (Bloomberg) -- The dollar fell against the euro as traders bet that a Senate plan to bail out automakers reduced demand for the safety of US assets.

(Source: Bloomberg)    read more...

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