Puma sees sharp fall in profit
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German sports kit maker Puma unveils a sharp 26% drop in profits, despite sales increasing, as costs soar.
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US department store JC Penney  sees profits fall and predicts a slower first three months of 2007 than had been expected.
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After a record-setting quarter, the retailer expects momentum to slow.
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Slashed earnings estimate pulls down shares.
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Puma has posted higher profit and sales for the third quarter and raised its full-year earnings outlook, but the results have fallen short of analysts&#39; high expectations.
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Ford Motor Co.  on Tuesday said earnings will fall this year due to a drop in profit from its finance unit, which it expects to be hit by rising interest rates.
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MANCHESTER United yesterday reported lower annual profits of Â£27.9m as it warned future results would be affected by a drop in media revenues.
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The profit decline by Sears Holdings, the combination of Sears and Kmart, will be the second consecutive quarter of steeply falling profits for the retailer.
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Manchester United, the world's wealthiest football club, reported a near 30-percent fall in annual profits, hit by a weaker performance on the pitch, and warned that future results would be affected by a drop in media revenues.
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Mounting losses at U.S. arm Chrysler   forced DaimlerChrysler DCXGn.DE to cut its 2006 operating   profit forecast by around 1 billion euros ($1.27 billion) on   Friday, sending its shares skidding lower.
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Applied Materials Inc  on Tuesday posted a lower quarterly profit as revenue declined 8 percent amid a slump in the semiconductor equipment manufacturing industry.
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Flu vaccine manufacturer expected to report significantly lower profits.
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City analysts were slashing their forecasts for profits at J Sainsbury yesterday after the struggling supermarket group admitted its first-half profits would be two thirds lower than last year&#39;s.
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Net profit dropped at the consumer products maker to 721 million euros ($1.04 billion) in the last three months of 2007, from 2.03 billion euros a year earlier.
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UK sports retailer JJB says its profits are set to fall 20% below market forecasts as  bad weather and tough competition hit sales.
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The clothing retailer's profits take a hit on weather woes and bigger-than-expected markdowns
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Anheuser-Busch Cos. Inc.  said on Tuesday it expects its international beer operations to post lower profit this year, hurt by a U.K. shift in sales from bars and restaurants to less profitable sales through retailers.