Metro's gain may ease retail fears

Article Abstract:

Fourth-quarter sales for German retailer Metro AG rose 8.3% to reach 19.9 bil euro, with 58% of sales generated outside the country. Fiscal third-quarter sales for UK supermarket chain J Sainsbury PLC rose 5.9%, while sales were worse than anticipated for housewares, food, and clothing retailer Marks and Spencer PLC for the same period.

Supermarkets and Other Grocery (except Convenience) Stores, Grocery stores, Supermarkets, United Kingdom, Marks and Spencer PLC, J Sainsbury PLC

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Adidas isn't getting traction in North America from Reebok

Article Abstract:

Second-quarter net profit for Adidas AG rose by 27% to reach 104 mil euro, while total sales dropped 1.2%. Expenses linked to the acquisition of Reebok International Ltd. were significantly less than in the same quarter for 2006. Adidas acquired Reebok in August 2005.

Footwear, except rubber, not elsewhere classified, United States, adidas-Salomon AG, Athletic shoe industry, Reebok International Ltd., RBK

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Metro earnings fall 47% on costs from acquisitions

Article Abstract:

Third-quarter profits have fallen 47% for German department store Metro Group AG. Costs associated with recent acquisitions are blamed for the losses. Metro is forecasting a 6% increase in full-year sales.

Forecasts, trends, outlooks, Company business forecast/projection, Company forecasts

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