Articles From: Michelin Profit Hit by Weak Europe Demand, Currency Swings to UPDATE: Major league sports' biggest Santas and Scrooges


2015/2/10
By Jason Chow PARIS--French tire maker Compagnie Generale des Etablissements Michelin SCA (ML.FR) said Tuesday that net profit fell 8.5% in 2014, hurt by sluggish demand in Europe and currency losses.
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2015/2/17
By Jason Chow PARIS--Kering SA chief executive François-Henri Pinault said on Tuesday that the luxury-goods company won't make any acquisitions this year and that shoe label Sergio Rossi is under strategic review and could be sold.
Sign-up for Kering CEO: Puma Not For Sale, Sergio Rossi Under Review investment picks
2015/2/17
By Jason Chow PARIS--Luxury and sportswear group Kering SA reported a sharp increase in profit last year as its smaller luxury brands boosted income even as its two main labels, Gucci and Puma, continued to struggle through their restructuring.
Sign-up for Kering Profit Rises in 2014 on Growth at Smaller Luxury Brands investment picks
2015/2/17
By Jason Chow PARIS--Luxury and sportswear group Kering SA said a sharp increase in profit last year at its smaller luxury brands offset the poorer performance of its main Gucci and Puma labels, which continued to struggle.
Sign-up for Kering Profits From Saint Laurent, Bottega Veneta--3rd Update investment picks
2015/3/2
By Jason Chow PARIS--New car registrations in France rose 4.1% in February as strong demand for foreign cars continued for the second month in a row, according to data released by the country's car manufacturers' association.
Sign-up for French February New Car Registrations Rise on Strong Foreign Car Demand investment picks
2015/2/11
By Jason Chow When French car maker Renault SA announces its results for 2014 on Thursday morning, investors' eyes will be fixed on the impact of falling sales in emerging markets, including Russia and Brazil.
Sign-up for Renault's Emerging Market Woes Eyed -- Earnings Preview investment picks
2015/2/13
By Jason Ng and P.R. Venkat KUALA LUMPUR--1Malaysia Development Bhd, or 1MDB, staved off a default by settling a 2 billion ringgit ($550 million) loan owed to a group of domestic lenders, clearing the way for the Malaysian state-investment firm's initial public offering of its power assets sometime this year.
Sign-up for 1MDB Settles $550 Million Loan From Malaysian Lenders -- Update investment picks
2015/2/27
By Jason Ng CIMB Group Holdings Bhd.
Sign-up for CIMB Group FY14 Net Plunges to MYR3.11 Billion investment picks
2015/2/26
By Jason Ng KUALA LUMPUR, Malaysia--CIMB Group Holdings Bhd (1023.KU), Malaysia's second-largest bank by assets, said Thursday it has received approval from the central bank to appoint Zafrul Aziz as its group chief executive.
Sign-up for CIMB Group: Regulator Approved Zafrul Aziz as Chief Executive investment picks
2015/2/25
By Jason Ng KUALA LUMPUR, Malaysia--Palm-oil producer Genting Plantations Bhd.
Sign-up for Genting Plantations 4Q Net Rises 31% on Year investment picks
2015/3/2
By Jason Ng KUALA LUMPUR, Malaysia--CIMB Group Holdings Bhd.
Sign-up for CIMB Group Appoints New Chief Financial Officer investment picks
2015/2/26
By Jason Ng KUALA LUMPUR--Asia's biggest hospital operator, IHH Healthcare Bhd.
Sign-up for IHH Healthcare 4Q Net Rises 4.0% On-Year investment picks
2015/2/23
By Jason Ng KUALA LUMPUR--BASF SE (BAS.XE) and Petronas Chemicals Group Bhd (5183.KU) said Monday they would build a plant to make the so-called 2-ethylhexanoic acid at the site of their existing joint venture in the Malaysian state of Pahang.
Sign-up for BASF, Petronas Chemicals to Jointly Build Chemical Plant in Malaysia investment picks
2015/2/12
By Jason Ng KUALA LUMPUR--DiGi.com Bhd (6947.KU), the Malaysian unit of Norwegian telecom giant Telenor ASA (TEL.OS), appointed Albern Murty as its chief executive, effective April 1.
Sign-up for DiGi.com Names Albern Murty Chief Executive investment picks
2015/2/26
By Jason Ng KUALA LUMPUR--Malayan Banking Bhd.
Sign-up for Malayan Banking 4Q Net Profit Rises 12% On Year investment picks
2015/2/11
By Jason Ng KUALA LUMPUR--Malaysia will cut electricity tariffs by 5.8% for commercial and industrial users and heavy consumers, reflecting lower fuel and generation costs, the energy ministry said Wednesday.
Sign-up for Malaysia Lowers Electricity Tariffs Following Fall in Fuel, Generation Costs investment picks
2015/2/13
By Jason Ng KUALA LUMPUR--Malaysia's state investment fund 1Malaysia Development Bhd, or 1MDB, said Friday it has settled a 2 billion ringgit loan ($550 million) owed to a group of Malaysian banks.
Sign-up for Malaysia State Fund 1MDB Says MYR2 Billion Loan Owed to Banks Is Settled investment picks
2015/2/26
By Jason Ng KUALA LUMPUR--Malaysian conglomerate Genting Bhd (3182.KU) said Thursday that net profit fell 43% in the fourth quarter mainly owing to lower income from its mainstay casino and resort businesses.
Sign-up for Genting 4Q Net Falls 43% on Year investment picks
2015/2/6
By Jason Ng KUALA LUMPUR--Maxis Bhd.
Sign-up for Maxis 4Q Net Profit Rises 17% On Year investment picks
2015/2/25
By Jason Ng KUALA LUMPUR--MMC Corp.
Sign-up for MMC Corp. 4Q Net Jumps More Than Four-Fold investment picks
2015/2/12
By Jason Ng KUALA LUMPUR--Petronas Dagangan Bhd (5681.KU), the retailing arm of Malaysia's state oil and gas company Petroliam Nasional Bhd, said Thursday net profit plunged nearly 100% in the fourth quarter mainly due to a sharp decline in selling prices.
Sign-up for Petronas Dagangan 4Q Net Plunges Nearly 100% investment picks
2015/2/27
By Jason Ng KUALA LUMPUR--RHB Capital Bhd (1066.KU), a Malaysian lender, said Friday net profit slipped 3.6% in the fourth quarter mainly due to lower net interest income and higher operating expenses.
Sign-up for RHB Capital 4Q Net Slips 3.6% investment picks
2015/3/1
By Jason Ng KUALA LUMPUR--Shares of CIMB Group Holdings Bhd (1023.KU) fell Monday after the second-largest lender in Malaysia reported an 81% slump in fourth-quarter earnings.
Sign-up for CIMB Group Shares Open 0.7% Lower After Weak 4Q Earnings investment picks
2015/2/25
By Jason Ng KUALA LUMPUR--Shares of Integrax Bhd (9555.KU) rose as much as 6.6% after state-owned power company Tenaga Nasional Bhd (5347.KU) raised its takeover offer for the port and terminal operator to 761.5 million ringgit ($211 million). Integrax hit a high of 3.22 ringgit and last traded at 3.21 ringgit around 0250 GMT.
Sign-up for Integrax Shares Jump After Tenaga Raises Offer to $211 Million investment picks
2015/3/2
By Jason Ng KUALA LUMPUR--Sime Darby Bhd (4197.KU) said it completed the 1.07 billion pound ($1.65 billion) acquisition of Papua New Guinea-based palm oil producer New Britain Palm Oil Ltd.
Sign-up for Sime Darby Completes Acquisition of New Britain Palm Oil investment picks
2015/2/26
By Jason Ng KUALA LUMPUR--State-owned property developer UEM Sunrise Bhd (5148.KU) said Thursday net profit more than doubled in the fourth quarter thanks to gains from land sales.
Sign-up for UEM Sunrise 4th-Quarter Net More Than Doubles investment picks
2015/3/3
By Jason Ng KUALA LUMPUR--Telekom Malaysia Bhd (4863.KU), Malaysia's state-owned fixed-line operator, said it plans to sell multicurrency Islamic bonds, or sukuk, worth up to $750 million.
Sign-up for Telekom Malaysia to Sell Multicurrency Bonds Worth up to $750 Million investment picks
2015/1/5
By Jason Notte, MarketWatch Commercial success, according to Gary Fish of Deschutes Brewing, improves quality and fuels creativity When Widmer Brothers and Deschutes first started brewing in the mid- to late-1980s, craft beer didn't exist, never mind a community built around it.
Sign-up for Why these craft beer pioneers hate snobs investment picks
2014/12/31
By Jason Notte, MarketWatch The Winter Classic game will be forgotten before it even starts The Winter Classic is the only way hockey connects with the U.S. public that doesn't involve an Olympic medal.
Sign-up for The sport of hockey takes another step toward irrelevancy investment picks
2014/12/24
By Jason Notte, MarketWatch Would you pay $676 for your family to see the Knicks?
Sign-up for UPDATE: Major league sports' biggest Santas and Scrooges investment picks
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Articles From: Michelin Profit Hit by Weak Europe Demand, Currency Swings to UPDATE: Major league sports' biggest Santas and Scrooges
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