Inditex profit jumps 30%, but sales concerns hit shares

Article Abstract:

Spanish clothing firm Inditex SA showed a 30% increase in net profit during the company's first nine months of the fiscal year, but missed expectations for sales growth caused Inditex's shares to drop 5.1%. Revenue increased by 17%. Inditex is Europe's largest clothing retailer by sales.

Sales, profits & dividends, Securities issued, listed, APPAREL AND OTHER TEXTILE PRODUCTS, Securities, Company sales and earnings, Spain, Clothing industry, Company earnings/profit, Company securities, Inditex

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Italian regulator fines IFIL over Fiat share deal

Article Abstract:

Three executives of IFIL Investments S.p.A. of Italy have been fined approximately $21 million by the Italian stock market regulator in a disputed securities deal involving subsidiary Fiat S.p.A. IFIL Investments S.p.A. is owned by the prominent Agnelli family.

Italy, Discipline, Holding companies, Securities fraud

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