Procter & Gamble's new CEO McDonald faces shareholders in annual meetingOctober 13th, 2009 P&G's McDonald faces shareholdersCINCINNATI — The Procter & Gamble Co.'s new CEO will give shareholders a look at plans for growth at the consumer products company's annual meeting. P&G veteran Bob McDonald moved up from chief operating officer on July 1 with sales down as households cut spending in the recession.
Procter & Gamble's new CEO McDonald faces shareholders; seeks 1B more customers globallyOctober 13th, 2009 P&G's new CEO McDonald seeks 1B more customersCINCINNATI — The Procter & Gamble Co.'s new CEO wants to fire up growth by adding a billion new customers around the globe over the next five years. P&G veteran Bob McDonald spoke with shareholders Tuesday in the first annual meeting since he moved up from chief operating officer on July 1 with sales down as households cut spending in the recession.
McDonald's August comparable-store sales rise 2.2 percent globally, boosted by Europe resultsSeptember 9th, 2009 McDonald's comparable-store sales rise in AugustOAK BROOK, Ill. — McDonald's says sales in established stores rose 2.2 percent globally in August, helped by strong results in Europe.
Craft brewers report volume, sales up in first half of year but growth slowingAugust 18th, 2009 Craft brewers see sales up in first half of yearBOULDER, Colo. — The nation's craft brewers continued to sell more beer in the first half of the year, despite the tough economy, although their rate of growth has slowed.
Big pharma: Prescription sales and growth trends of the world's top 20 drugmakersAugust 7th, 2009 Ranking Rx: Top 20 drugmakers by annual salesRankings of the world's Top 20 drugmakers, based on global prescription drug sales for the year ending in March 2009, when total pharmaceutical industry revenue grew about 5 percent to more than $720 billion. Figures do not include revenue of company units selling consumer and animal health products, medical devices or diagnostic products.
Tata Motors reports 18 percent growth in salesAugust 3rd, 2009 MUMBAI - July sales of auto major Tata Motors grew 18 percent to 48,054 vehicles as against 40,729 units sold in the year-ago period, the company said Monday. In a regulatory statement, it said domestic sales of both commercial and passenger vehicles grew 23 percent to 45,599 units as compared to the 37,033 units sold a year ago.
Meltdown 101, by the numbers: GDP report raises expectations for strong growth later this yearJuly 31st, 2009 Meltdown 101: GDP report, by the numbersWASHINGTON — Friday's report on the gross domestic product has led many analysts to believe that the economy will see a much healthier rebound later this year than was previously expected. But the rapid rebound may still give way to a more gradual recovery next year.
Google overcomes slowest revenue growth yet to boost 2Q profit 19 pct, topping analyst viewsJuly 16th, 2009 Google 2Q profit up 19 pct amid slowing ad salesMOUNTAIN VIEW, Calif. — Google's second-quarter profit rose 19 percent despite the slowest revenue growth since the Internet search leader went public five years ago.
Target same-store sales fall 6.2 percent in June, more than analysts expectedJuly 9th, 2009 Target June same-store sales fall 6.2 percentMINNEAPOLIS — Discount retailer Target says its same-store sales fell 6.2 percent in June as customers continued to shop sparingly and spend mainly on necessities such as healthcare products and food. Still, the Minneapolis-based company says it expects to meet or exceed analyst expectations for second-quarter profit.
JCPenney June same-store sales fall 8.2 percentJuly 9th, 2009 PLANO, Texas — J. C. Penney Co. said Thursday its June same-store sales fell 8.2 percent, but beat analysts' expectations.
Singapore retail sales plummet most since 1999 as worst ever recession hurts confidenceJune 15th, 2009 Singapore retail sales plunge most in 10 yearsSINGAPORE — Singapore retail sales suffered their biggest drop since 1999 as shoppers cut back on big-ticket items such as cars and furniture amid the city-state's worst ever recession. The statistics department said Monday that retail sales fell 11.7 percent from a year earlier after dropping 7.3 percent in March and 5.5 percent in February.
More jobs, revival of growth are priorities: ManmohanMay 19th, 2009 NEW DELHI - Prime Minister Manmohan Singh Tuesday said the priority of the new Congress-led government was the revival of economic growth and creating new employment opportunities that had been slowed down by the global recession. Addressing the newly-elected party MPs after being named the prime minister by the Congress Parliamentary Party, Manmohan Singh said: 'There is some slowing down of investment and employment generation.
Indian economy to grow over 5 percent next fiscalMarch 19th, 2009 NEW DELHI - India's economy will grow by at least 5 percent in 2009-10, a Planning Commission member said here Wednesday. 'We should see at least a 5 percent growth in GDP (gross domestic product) in 2009-10.
Indian economy slowing down, admits RBIJanuary 25th, 2009 NEW DELHI - The Reserve Bank of India Monday said the economy after exhibiting strong growth in the second quarter this fiscal is now slowing down in the wake of the global meltdown. 'The global economic outlook has deteriorated sharply since September 2008 with several countries, notably the US, the UK, the Euro area and Japan experiencing recession.
Hyundai posts robust growth in December despite slowdownJanuary 1st, 2009 NEW DELHI - Hyundai Motors registered an overall growth of 55.7 percent in December in terms of units sold, including both domestic and export volumes, the company said in a statement Friday. The company sold 38,402 units last month as against 24,464 units in December 2007.
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