AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
BUSINESS BRIEFS.(TO THE POINT)
TELECOM
TDC inclined to $12 bil takeover
Denmark's No. 1 telecom operator's board is recommending that shareholders accept the bid. A private equity group including Apax Partners, Permira Advisors, Blackstone Group, Kohlberg Kravis Roberts and Providence Equity is offering $60 a share, 5.5% above TDC's Tues. closing price. Analysts say the price for the firm is fairly steep. Other parties, including Silver Lake Partners, are mulling bids. TDC rose 4.5% to 29.85.
RETAIL
Tiffany's sales miss; stock falls
The jewelry retailer's earnings rose 33% from a year ago to 16 cents a share in Q3, meeting estimates. But sales rose 8% to $500 mil, missing views by $5 mil. Earnings were also boosted by a favorable tax adjustment. Same-store sales in the U.S. rose 7%. Overseas sales rose 7%, were flat in Japan and down 1% in Europe, another disappointment. Shares fell 3.5% to 40.70.
...- Provimi shares.(Permira Advisors)(Brief article)
- Magazine article from: Feedstuffs April 23, 2007 700+ words
Provimi shares: NUTRILUX S.a.r.l., an equity investment firm managed by Permira Advisors LLP, announced that it has completed the acquisition of the 74.05% stake in Provimi SA owned by Provimlux Investment SA, an...
- September retail sales rose 1.9 percent, TeleCheck reports.
- Press release article from: Business Wire October 4, 1995 700+ words
...of continued post-flood spending. Sales rose 6.1 percent in Georgia, 2.9 percent...Memphis' gained 2 percent. In Florida, sales rose 4.5 percent in Tampa and 2.9 percent...3 percent. The Southwest's retail sales rose 2.2 percent, led by Oklahoma's 5...
- Horizon Organic Sales Rose 22% in 3rd Quarter; EPS From Continuing Operations...
- Press release article from: PR Newswire November 4, 2002 700+ words
...contributed to the sales growth. Dairy sales rose 27 percent to $8.4 million, with...introduction of fruit jels. International sales rose 9 percent, the strongest performance...branded sales was evident as branded sales rose to 48 percent of total sales in the quarter...
- DECEMBER DOMESTIC COMPARABLE STORE SALES ROSE ABOUT 1 PERCENT AT WOOLWORTH...
- Press release article from: PR Newswire January 5, 1995 700+ words
...years' sales, foreign comparable store sales rose 4.5 percent, and total comparable store sales rose about 2 percent. For the forty-eight...31, 1994, domestic comparable store sales rose 1.4 percent. Using last year's exchange...
- AUGUST DOMESTIC COMPARABLE STORE SALES ROSE 1.4% AT WOOLWORTH CORPORATION
- Press release article from: PR Newswire September 1, 1994 700+ words
...years' sales, foreign comparable store sales rose 0.1 percent, and total comparable store sales rose 1.0 percent. For the thirty-week...27, 1994, domestic comparable store sales rose 2.1 percent. Using last year's exchange...
- August retail sales rose 0.3 percent, TeleCheck reports.
- Press release article from: Business Wire September 6, 1995 700+ words
...9 percent in Oklahoma. Missouri's sales rose 0.5 percent and Texas' sales dropped...the result of post-flood spending. Sales rose 3.1 percent in the Carolinas, 2...and 4.6 in Washington. Oregon's sales rose 0.3 percent. In California, sales...
- May Dep't Stores net up 4.5%: 3d-quarter same-store sales rose 3.1%. (May...
- Magazine article from: Daily News Record November 8, 1994 700+ words
...the quarter ended Oct. 29, net sales rose 6.4 percent to $2.9 billion from $2.7 billion. Same-store sales rose 3.1 percent. Sales at the department...from $346 million, or $1.33. Sales rose 8 percent to $8 billion from...
- JULY DOMESTIC COMPARABLE STORE SALES ROSE 4.7% AT WOOLWORTH CORPORATION
- Press release article from: PR Newswire August 4, 1994 700+ words
...percent, and total comparable store sales rose 1.8 percent. For the twenty-six...30, 1994, domestic comparable store sales rose 2.3 percent. Using last year's exchange...percent, and total comparable store sales rose 0.3 percent. In 1993 the company announced...