76472 results returned for search: "" category "Business"
TORONTO (Bloomberg) — Four Seasons Inc., the luxury-hotel operator that received a $3.7 billion bid to be bought this week, posted a third-quarter profit as it charged customers higher rates.Net income was $10.9 million, or 29 cents a share, compared...
DATE: Nov 10, 2006
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NEW YORK (Bloomberg) — Bermuda-based Global Crossing Ltd., whose fiber- optic network is used by the US Air Force and Microsoft Corp., reported a narrower third-quarter loss because of trimmed real estate and selling costs.The loss declined to $50 mi...
DATE: Nov 10, 2006
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XL Capital Ltd., a Bermuda-based business insurer, restated its cash-flow figures for every quarter from January 2003 through last June because it incorrectly included the effect of foreign-exchange rates.The error led some cash flows to be improperl...
DATE: Nov 10, 2006
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LONDON (Bloomberg) — Hennes & Mauritz AB, Europe’s second-largest clothes retailer, started selling a one-time collection by Dutch designers Viktor & Rolf in a bid to stimulate sales growth as it loses ground to rival Inditex SA, owner of Zara.The Vi...
DATE: Nov 10, 2006
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FRANKFURT (Bloomberg) — HSBC Trinkaus & Burkhardt AG, a German lender controlled by Britain’s HSBC Holdings Plc, said third- quarter profit was almost halved on lower revenue from commissions, trading and investments.Net income fell to 19.3 million e...
DATE: Nov 10, 2006
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CHICAGO (Reuters) — Bankrupt Delta Air Lines Inc. yesterday posted a quarterly profit after a year-ago loss, helped by a non-cash gain related to restructuring of aircraft financing arrangements.The Atlanta-based airline, which has been reorganising ...
DATE: Nov 10, 2006
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WASHINGTON (AP) — By boosting the power of Democrats in Congress, voters likely set in motion legislative efforts to lower the price of pharmaceuticals and rein in military spending.But with the two parties stalemated in the Senate, where it usually ...
DATE: Nov 10, 2006
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LOS ANGELES (Bloomberg) — Walt Disney Co. said fourth-quarter profit doubled on the box-office success of the “Pirates of the Caribbean” sequel and “Cars”.Net income rose to $782 million, or 36 cents a share, from $379 million, or 19 cents, a year ag...
DATE: Nov 10, 2006
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NEW YORK (Reuters) — Liz Claiborne Inc. said yesterday it agreed to buy luxury accessories maker Kate Spade LLC for $124 million, including debt, expanding its reach into high-end department stores such as Nordstrom Inc.Liz Claiborne, a leading US se...
DATE: Nov 10, 2006
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PRAGUE (Bloomberg) — Central European Media Enterprises Ltd., owner of the most popular Czech TV station and networks in five other eastern European countries, unexpectedly reported a third-quarter profit because of earnings from Slovakia.Net income ...
DATE: Nov 10, 2006
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