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European car sales rise 9.2 pct in 2015
2016-01-15 10:09:43| Auto Dealers - Topix.net
Jan 15 European car sales rose 9.2 percent last year, thanks to higher demand for German brands and Jeep sport utility vehicles, data showed on Friday, but the recovery remained fragile, with overall volumes still below pre-crisis levels. New passenger car registrations in the European Union and European Free Trade Association increased to 14.2 million vehicles last year, according to the Brussels-based Association of European Carmakers .
Mahwah-based Ascena Retail Group reports 4 pct drop in holiday sales
2016-01-13 08:22:45| Apparel - Topix.net
Mahwah-based specialty retailer Ascena Retail Group, which owns and operates brands such as women's specialty clothing companies Lane Bryant and Dressbarn, said Tuesday that holiday sales dropped 4 percent. Ascena President and Chief Executive Officer David Jaffe said the holiday period - from Nov. 21 to Jan. 3 - was affected by "soft traffic" and "unseasonably warm weather."
Tags: group
sales
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holiday
UPDATE 2-Cargill 2nd-qtr profit drops 13 pct amid commodities slump
2016-01-08 10:03:39| Food - Topix.net
Global commodities trader Cargill Inc on Thursday reported a 13 percent drop in quarterly earnings before special items, citing lower commodities prices and weaker demand in some markets. A milder-than-normal start to the winter in North America curbed earnings from products such as road salt and pressured prices of natural gas and power, which hurt the privately held company's energy trading results.
Tags: update
profit
drops
commodities
US retail sales rise 0.1 pct. in Oct.; restaurant and online spending improve, auto sales drop
2015-11-13 16:01:06| Auto Dealers - Topix.net
Americans ramped up their online shopping and restaurant spending in October, but barely-there inflation kept overall retail sales growth muted. The Commerce Department said Friday that retail sales rose a seasonally adjusted 0.1 per cent last month, after being unchanged in September and August.
Investor AB raises stake in ABB to more than 10 pct
2015-11-10 17:38:13| Appliances - Topix.net
ABB's biggest shareholder Investor AB raised its stake to 10.03 percent, according to a regulatory filing, continuing a pattern of steadily increasing its holding in the Swiss engineering group. Sweden's Investor AB had 9.5 percent in ABB on Sept.
Tags: than
investor
raises
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