Share |

earnings

Russell Investments' 2021 Global Market Outlook: The old normal

December 10, 2020

We believe that vaccine prospects are likely to make 2021 a year of global economic recovery. While markets have priced in a fair amount of the good news, more gains seem possible as corporate profits rebound and central banks remain on hold.

With the world in the early post-recession recovery phase of the business cycle, our medium-term outlook for economies and corporate earnings is positive. We believe that 2021 will feature an extended period of low-inflation, low-interest rate growth that favours equities over bonds.

FB Roundup: Dyson, Ferrero, Henkel

October 9, 2020

James Dyson says entrepreneurialism and wealth creation will help Covid-19 economic recovery, Ferrero family takes the biscuit at Fox’s as acquisition spree continues, Henkel charts modest fourth quarter recovery without lockdowns.

James Dyson says entrepreneurialism and wealth creation will help Covid-19 economic recovery

Family business founder Sir James Dyson says entrepreneurialism and wealth creation should be encouraged to recover the economy from Covid-19 as he announced his Dyson Institute will be permitted to award its own degrees for the first time.

Commodities giant triples earnings

January 13, 2011

Cargill, the world’s largest agricultural commodities trader, announced on 12 January that its profits for the quarter ending November tripled, which was helped by accurate predictions of the weather and shifts in trade flows.

Cargill, the world's largest agricultural commodities trader, announced on 12 January that its profits for the quarter ending November tripled, which was helped by accurate predictions of the weather and shifts in trade flows.

Cargill's net earnings for the three months ending November rose to $1.49 billion from $489 million for the same period the year before. Also, first-half earnings more than doubled from $1.01 billion to $2.37 billion.

Inditex profits rise on strength of Asian sales

March 19, 2010

Fashion group Inditex, controlled by billionaire Amancio Ortega and his family, gave its most upbeat economic outlook for two years this week as it reported an increase in net income of 5% for 2009.

The Spain-based group opened 343 new stores in 2009, 98% of which were outside the domestic market, and reported a net income of €1.3 billion. This increase was particularly prominent in the Asian market where sales accounted for 12.2% of total sales, compared to 2008 where they were 10%.

AP Moller-Maersk makes annual loss of $1 billion

March 4, 2010

AP Moller–Maersk, the Danish conglomerate controlled by the McKinney-Moller family, reported a net loss for 2009 of $1 billion, its first since at least the Second World War.

In its annual report released today, the company recorded revenues of $48.5 billion compared to $61.2 billion in 2008. The report said the company had been seriously affected by economic crisis, the decline in world trade and global oil consumption and the difficult market conditions in general.

McGraw-Hill Companies has better than expected end to 2009

January 27, 2010

McGraw-Hill Companies, the family-controlled publisher, announced yesterday better than expected earnings for the fourth-quarter of 2009.

McGraw-Hill Companies, the family-controlled publisher, announced yesterday better than expected earnings for the fourth-quarter of 2009. The company was helped to profit by the sale of one of its flagship titles, Business Week, and a recovery in the fortunes of the ratings agency Standard & Poor's.