International sales lift Diageo
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Drinks giant Diageo sees a small rise in annual sales, as rising global demand offsets a decline in Europe.
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Diageo Plc, the world's biggest  alcoholic drinks group, reported a 10 percent rise in  underlying earnings on Thursday but its shares fell on dashed  hopes that the group might raise current year targets.
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Diageo has raised $2.26bn (â¬1.84bn) from the sale of 49.9 million shares of common stock held in General Mills. The shares were sold for â¬45.
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NEW YORK (CBS.MW) -- Nike Inc. said late Thursday that strong domestic sales, coupled with increased demand from developing markets and a stronger euro, propelled robust second-quarter profit gains.
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Movado is worth watching because its acquisition of Ebel should boost international sales.
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Successful marketing campaigns helped drinks giant Diageo to report a small rise in profits for the last six months of 2007.
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Drinks giant Diageo said it had raised 2.26 billion dollars (1.84 billion euros) from the sale of 49.9 million shares in US food company General Mills Inc.
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The appliance maker's fourth-quarter profit soars on international sales.
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Diageo, the firm behind Guinness and Smirnoff, reports higher earnings, despite challenges in key markets.
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Global sales of servers, powerful computers used by large companies, rose 7.7 percent in the second quarter to $11.55 billion (6.4 billion pounds) as demand for information technology remained strong after a three-year downturn
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Companies in Germany's key manufacturing sector saw a rebound in orders in July, buoyed by strong demand for German-made goods both at home and abroad, official data showed.
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Good growth in notebook shipments during the back-to-school season coupled with desktop replacements among businesses and consumers sustained another strong quarter in Europe, the Middle East and Africa, IDC said.
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Chrysler Group sales outside North  America rose 9 percent in February to 15,194 units, the U.S.  arm of DaimlerChrysler (DCXGn.DE) said on Monday.
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Automaker Volkswagen AG said Friday that its third-quarter profit soared higher on improved sales in Asia, Europe and South America, along with lower costs for building cars.
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Diageo has raised $2.26bn (â¬1.84bn) from the sale of 49.9 million shares of common stock held in US-based Cheerios cereal maker General Mills.
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LONDON, October 5  - Diageo Plc (GUI.FSE) has raised $2.26 billion (â¬1.84 billion) from the sale of more than half of its stake in the US-based cereal maker, General Mills Inc.
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Strong sales in Asia and eastern Europe helped L'Oreal SA boost revenue by 3.4 percent in the fourth quarter despite weak growth in the world's largest beauty products maker's main markets and the effects of the soft dollar.