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Ralph Lauren cuts FY sales outlook

2014-10-29 17:10:00| Daily apparel & textile news and comment - from just-style.com

US apparel giant Ralph Lauren remains optimistic despite revealing lower second-quarter earnings and cutting its full-year sales outlook.

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Retailer Next cuts profit forecast

2014-10-29 10:05:26| BBC News | Business | UK Edition

Retailer Next cuts its forecast for 2014 profits after a mild autumn reduces demand for winter clothing.

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Amgen plans more job cuts, higher...

2014-10-28 21:54:17| Biotech - Topix.net

Amgen is expanding its plans to cut jobs next year even as it looks to stock repurchases and higher dividends to return about 60 percent of its adjusted earnings to shareholders through 2018. Its stock climbed in morning trading Tuesday.

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DuPont Posts 3Q Beat as Cost Cuts Boost Margins

2014-10-28 15:54:28| Chemicals - Topix.net

DuPont's third-quarter profit scraped past the average analyst estimate as the company's cost-cutting efforts helped to boost operating margins in five of its seven businesses. The biggest U.S. chemicals producer by market value said operating earnings rose 17 percent to $497 million, helping to offset weakness in its farm products unit, which accounts for about a fifth of consolidated net sales.

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Sweden cuts interest rates to zero

2014-10-28 14:37:13| BBC News | Business | UK Edition

The Swedish central bank cuts its main interest rate to zero in an attempt to combat deflation.

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