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Adidas meets 2006 targets, sees earnings growth slowing in 2007
AFP   Wednesday, 07 March 2007

Adidas, the world's number two supplier of sportswear and equipment, said Wednesday that it had met all its targets for 2006, but expected earnings growth to slow this year because of difficulties at US unit Reebok(AFP/DDP/File/Timm Schamberger)AFP - Adidas, the world's number two supplier of sportswear and equipment, said Wednesday that it had met all its targets for 2006, but expected earnings growth to slow this year because of difficulties at US unit Reebok.
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China Merchants Bank 2006 earnings up 50 pct-CEO
Reuters   Wednesday, 07 March 2007
Reuters - China Merchants Bank (3968.HK) (600036.SS), the country's biggest non-state lender, posted a more than 50 percent rise in its 2006 net profit, according to a copy of a speech by its chief executive Ma Weihua.
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Allied Irish Banks profit surges 63 pct
AP   Wednesday, 07 March 2007
AP - Allied Irish Banks PLC, Ireland's largest company, said Tuesday its full-year 2006 profit surged on strong gains in loans, deposits and investment activity across all its units.
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Brown-Forman 3Q net income falls 13 pct.
AP   Tuesday, 06 March 2007
AP - Brown-Forman Corp., which makes Jack Daniel's and Finlandia vodka and other liquor brands, said Tuesday its third-quarter profit fell 13 percent from results a year ago that got a lift from onetime gains.
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RIM CEO out as chairman amid restatement
AP   Tuesday, 06 March 2007

A Research In Motion employee rides his bicycle through the cold weather, while arriving for work on Monday, March 5, 2007 in Waterloo. BlackBerry maker Research In Motion Ltd. said Monday that co-CEO Jim Balsillie will surrender the chairman's post as the mobile device maker disclosed it needs to cut roughly $250 million from past earnings reports due to improper accounting for backdated stock options.(AP Photo/CP, Nathan Denette)AP - BlackBerry maker Research In Motion Ltd.'s co-chief executive will give up the chairman's post after an internal probe identified a quarter-billion dollars in improper accounting for employee stock options at the mobile device company.
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Investors Cheer AIG's Results
BusinessWeek Online   Tuesday, 06 March 2007
BusinessWeek Online - Investors bought shares in American International Group on Mar. 2, after the New York insurance giant said its quarterly profit surged, announced a share buyback for 2007, and increased its dividend.
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HSBC full-year profit up 5 pct. in 2006
AP   Monday, 05 March 2007

Vincent Cheng, chairman of HSBC Asia Pacific, left, and Muchael Smith, president and chief executive officer of HSBC Asia Pacific, react during a press conference in Hong Kong Monday, March 5, 2007. HSBC Holdings PLC, Europe's largest bank by market value, reported Monday that profit rose 5 percent in 2006 despite losses in its mortgage operation in the United States. HSBC, which operates in Britain, Europe, Asia and the Americas, reported net income of US$15.79 billion (euro11.98 billion) up from US$15.08 billion in 2005. (AP Photo/Vincent Yu)AP - HSBC Holdings PLC, Europe's largest bank by market value, reported Monday that profit rose 5 percent in 2006 despite losses in its mortgage operation in the United States that led to the removal of two senior executives.
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HSBC bad debts hit $10.6 billion
Reuters   Monday, 05 March 2007
Reuters - HSBC Holdings on Monday said its 2006 profits rose 5 percent, just short of analysts' expectations, as Europe's biggest bank took a $10.6 billion hit for bad debts after problems in its U.S. mortgage lending.
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Nikkei posts biggest loss in nine months
FT.com   Monday, 05 March 2007
FT.com - Rising panic over the potential unwinding of the yen "carry trade" and the dollar's sharp plunge against the Japanese currency provoked heavy sell-offs on Monday on Tokyo dealing floors.
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Gap falls after its annual forecast lags Street
Reuters   Saturday, 03 March 2007

A man models Gap clothing in an undated publicity photo. Shares of Gap Inc. fell as much as 4.9 percent on Friday, a day after the apparel giant reported a lower quarterly profit and said 2007 would be a transition year with earnings well short of Wall Street expectations. (Handout/Reuters)Reuters - Shares of Gap Inc. fell as much as 4.9 percent on Friday, a day after the apparel company reported a lower quarterly profit and said 2007 would be a transition year with earnings well short of Wall Street expectations.
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AIG shares rise as quarterly net exceeds year ago earnings
Reuters   Saturday, 03 March 2007

A Manchester United shirt with the club's new sponsor, American International Group (AIG), is seen at the Old Trafford Stadium in Manchester, northern England, April 6, 2006. American International Group Inc. shares rose in midday trading on Friday after the world's largest insurer reported late Thursday that earnings in the latest fourth quarter were nearly eight times higher than the year earlier net. (Phil Noble/Reuters)Reuters - American International Group Inc. shares rose in midday trading on Friday after the world's largest insurer reported late Thursday that earnings in the latest fourth quarter were nearly eight times higher than the year earlier net.
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