Sears Holdings Corp, the retailer controlled by investor Edward Lampert, reported fourth-quarter profit that plunged more than analysts projected after appliance and clothing sales declined.
Deutsche Telekom AG, Europe's largest telephone company, reported an unexpected fourth-quarter loss on additional costs to cut jobs.
BMW, whose 7-Series sedan spews twice as much carbon dioxide as General Motors' tiny Corsa, may boost its stock 30 percent with cleaner engines that meet Europe's new carbon-emission rules.
Ailing US carmaker Chrysler Holding LLC sustained a net loss of 1.94 billion euros according to IFRS accounting rules between the close of its sale on Aug 4 and the end of the third quarter, former owner Daimler said.
Department store operator Macy's Inc posted a better-than-expected quarterly profit on Tuesday (local time) as gross margin improved, sending its shares up 6 percent.
The Gucci fashion label is the most coveted designer brand in the world, according to a survey by market research firm The Nielsen Company.
PPR SA, the owner of Gucci Group, said 2007 profit rose 35 percent on increased sales of Bottega Veneta handbags and the acquisition of a controlling stake in the sportswear maker Puma AG.
Samsung Electronics Co Ltd is in the final stages of talks with Sony Corp to jointly build a new LCD panel production line and the two may cooperate on another, bigger line, a Samsung source said yesterday.
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