August 2008 - Money Morning - Only the News You Can Profit From

Global Investing Roundups

Lukoil Counts on Artic Find; Gourmet-Cookware Seller Burned by 2Q Results; FGIC Prolongs the Inevitable; Diageo’s Strong Sales; Lehman Bros. Plans Layoffs; Toyota’s 10 Million Goal Just Out of Reach Lukoil (OTC ADR: LUKOY), Russia’s second-largest oil producer said its new Artic oilfield would allow it to match last year’s production, Reuters reported. Oil output […]

Read More…

Diamonds in the Rough: Two Luxury Brands Ready to Shine

By Jennifer YousfiManaging Editor Luxury jeweler Tiffany & Co. (TIF) yesterday (Thursday) followed in the footsteps of other high-end brands when it announced strong fiscal second quarter results. Tiffany’s net income increased to $80.8 million, or 63 cents per share, in the second quarter, up from $40.5 million, or 29 cents, for the same period […]

Read More…

DP World Posts 123% Jump in Net Profit, Continues to Expand Operations

By Jason Simpkins Associate Editor DP World, the world’s fourth-largest ports operator said yesterday (Thursday) net income more than doubled in the first half of the year, and is expected to deliver full-year results in line with expectations, despite “indications of weakening economic growth in some markets.” DP World operates 44 ports around the world, […]

Read More…

Chrysler Considers Sale of Gas-Guzzling Viper

By Jennifer Yousfi Managing Editor With the U.S. auto market increasingly focused on practicality and fuel-efficiency, Chrysler LLC announced yesterday (Wednesday) it was entertaining offers for its Dodge Viper sports car. "We have been approached by third parties who are interested in exploring future possibilities for Viper," Chief Executive Bob Nardelli said in a memo […]

Read More…

© 2014 Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201, Email: customerservice@MoneyMorning.com