ThyssenKrupp posts 28% jump in year net profit
Article Abstract:
Fiscal-year net profit for German steel company ThyssenKrupp AG rose by 28% to reach $3.08 bil, fostered by high demand in stainless and service businesses. Sales grew 10%, but shares fell 6% due to conservative expectations for 2008.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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E.On slates $56 billion for growth initiatives
Article Abstract:
German electric utility E.On AG has set aside $56 bil for growth initiatives that include buying back 10% of its shares, increasing dividends, finance possible acquisitions, and expand outside its domestic market.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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