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US: Saks Q1 profit slumps 37.8% but sales rise

2013-05-21 17:28:00| Daily apparel & textile news and comment - from just-style.com

Luxury retailer Saks has today (21 May) posted a 37.8% decline in first-quarter net profit after it was weighed down by store closing costs and debt-extinguishment losses.

Tags: sales rise profit saks

 

Bernstein: Either Prices Must Rise Or Costs Must Fall

2013-05-21 17:25:00| OGI

Net income margins for key non-OPEC producers have shrunk to decade lows.

Tags: must prices fall costs

 
 

Emerging stocks rise to one-week high

2013-05-21 12:47:49| Automakers - Topix.net

Emerging-market stocks advanced, sending the benchmark index to a one-week high, as Chinese developers gained on higher home prices and U.S. data boosted confidence in the world's biggest economy.

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Today's oil prices positive as supply concerns rise over Middle East tensions

2013-05-21 01:00:00| Offshore Technology

Oil prices remained positive today, mainly due to supply concerns rising from escalating tensions in the Middle East, while balanced apprehensions about moderating demand growth kept prices under pressure.

Tags: prices east middle positive

 

Ford projects rise in four-cylinder vehicle sales

2013-05-20 07:45:52| Automakers - Topix.net

In 2008, new vehicles with four-cylinders made up 40 percent of the market, according to market researcher R.L. Polk & Co.; today, they are 53 percent of the new-vehicle market.

Tags: sales projects rise ford

 

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