Inditex profit jumps 30%, but sales concerns hit shares
Article Abstract:
Spanish clothing firm Inditex SA showed a 30% increase in net profit during the company's first nine months of the fiscal year, but missed expectations for sales growth caused Inditex's shares to drop 5.1%. Revenue increased by 17%. Inditex is Europe's largest clothing retailer by sales.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Italian regulator fines IFIL over Fiat share deal
Article Abstract:
Three executives of IFIL Investments S.p.A. of Italy have been fined approximately $21 million by the Italian stock market regulator in a disputed securities deal involving subsidiary Fiat S.p.A. IFIL Investments S.p.A. is owned by the prominent Agnelli family.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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