Adidas Rises After Forecasting Higher Profit, Revenue for Year
ADIDAS TREE Adidas AG, the world’s second- largest sporting-goods maker, rose in Frankfurt trading after the company said profit and sales will rise on higher revenue in China and other emerging markets. Earnings per share will increase 10 percent to 15 percent this year after more than doubling in... [Read More]
Sony Ericsson posts small profit but sales slide
sony-ericsson-c510 Handset maker Sony Ericsson on Thursday reported a net profit for the fourth consecutive quarter as a result of cost cuts, but said it sold fewer phones in the competitive global market. The company, a joint venture between L.M. Ericsson and Sony Corp., posted a fourth-quarter profit... [Read More]







