Global Investing Roundups Wednesday, November 19th, 2008
Contrarian Profits (November 19th, 2008) Writes:
HP Beats 4Q Forecasts; Carrefour Milks New CEO From Nestle; InBev Officially Closes Anheuser Buy; Home Depot Beats 3Q Estimate; Gulf Bank Loses $1.4 Billion; Mexican Tycoon Interested in Circuit City; Wholesale Prices Plummet
Hewlett-Packard Co. (HPQ), the world’s largest maker of personal computers, offered a preview of its fiscal fourth-quarter profits – reporting that it will beat market expectations and raise its fiscal 2009 outlook. “HP is gaining market share in an extremely strong competitive position. They’ve got share gains, combined with very aggressive cost reduction,” Shannon Cross of Cross Research told Reuters. Lars Olofsson, Executive Vice President of Nestle SA, has been named Chief Executive Officer of Carrefour S.A., the world’s second-largest retailer. He’ll ...Tags for this Post:
Anheuser-Busch Cos Inc., Bank, bankrupt electronics retailer;, Belgium, Carrefour S.A.;, China, Circuit City, Circuit City Stores Inc, contrarian profits, dinar;, Dow Jones, Gulf Bank;, Hewlett-Packard Co., Home Depot Inc, InBev NV;, Kuwait, Market Commentary, media tycoon;, Nestle SA;, Oil, Olofsson;, retail, Retail Chain, Reuters, Ricardo Salinas Pliego;, Ricardo Salinas;, Shannon Cross;, St. Louis, The Associated Press, United States, USD
Anheuser-Busch Cos Inc., Bank, bankrupt electronics retailer;, Belgium, Carrefour S.A.;, China, Circuit City, Circuit City Stores Inc, contrarian profits, dinar;, Dow Jones, Gulf Bank;, Hewlett-Packard Co., Home Depot Inc, InBev NV;, Kuwait, Market Commentary, media tycoon;, Nestle SA;, Oil, Olofsson;, retail, Retail Chain, Reuters, Ricardo Salinas Pliego;, Ricardo Salinas;, Shannon Cross;, St. Louis, The Associated Press, United States, USD


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