Archive for July, 2012

Fiat Group Q2 Profit Down 92%; Backs Full-year Outlook

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Italian carmaker Fiat Group (FIATY.PK) on Tuesday reported a 92 percent decline in profit for the second quarter from last year, when results were boosted by a one-time gain on the company’s acquisition of a controlling stake in U.S. automaker Chrysler Group LLC.


Fiat Group Q2 Profit Down 92%; Backs Full-year Outlook

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Italian carmaker Fiat Group (FIATY.PK) on Tuesday reported a 92 percent decline in profit for the second quarter from last year, when results were boosted by a one-time gain on the company’s acquisition of a controlling stake in U.S. automaker Chrysler Group LLC.


Coach Q4 Profit Tops View, But Shares Plunge 14% As Revenues Miss

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Classic American accessories retailer Coach, Inc. (COH) reported Tuesday a profit for the fourth quarter that grew 24 percent from last year, reflecting improved margins and double-digit revenue growth.