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Alcatel-Lucent confirms its annual targets despite the impact, for the second straight quarter, problems associated with shortages of components in the industry.
The telecoms equipment has limited the impact of these shortages on its quarterly results and has released figures broadly in line with expectations, but in return it has consumed more cash to [...]

Puma has waived its annual forecast of taxable income due to the potential cost of litigation in Spain, after posting interim results below expectations.
During a conference call, Jochen Zeitz's chief executive, said that "it would not be prudent" to maintain its pre-tax profit target given the potential costs associated with the lawsuit brought [...]

BBVA has done better than expected by analysts in the first half, registering a decline in net income limited to 9.7% due to a decline in bad debts and its overseas operations, which offset the difficulties encountered in Spain.
The second Spanish bank has published a half-year net income of 2.53 billion euros, while [...]

Singapore Airlines, world's second largest airline by market value, said that the resumption of passenger and freight is expected to continue in the near future, having reported earnings above expectations for the first quarter.
The group reported a net profit of 253 million Singapore dollars (143 million euros) for the quarter April to June, [...]

The U.S. government acknowledged Friday that the economy had to face "headwinds" and that the fiscal outlook remained bleak, however, but has lowered its estimate of the deficit in 2010.
According to the White House, the current trend is favorable, but the deficit and debt remain too high.
"The economic situation is still [...]

U.S. Laboratories Eli Lilly and Bristol-Myers Squibb on Thursday posted quarterly results above expectations, despite a tighter price controls in Europe, fluctuations in exchange rates and costs of health reform in the U.S. .
Eli Lilly has taken its game in the second quarter thanks to cost control and higher prices in the U.S. [...]

The Thai Berli Jucker main conglomerate said Wednesday he was keen to bid for Carrefour's local activities within the framework of its development.
"We expect the details of the tender of Carrefour, said Asavin Techacharoenvikun, CEO of Berli Jucker reporters.
Carrefour has already indicated its desire to separate its operations in Malaysia, Singapore [...]

Philips has raised its margin target for 2010 after better than expected results for the second quarter driven by strong sales in emerging markets.
The Dutch consumer electronics was confident of being able to exceed its margin target of 10% EBITA before exceptional items this year as he previously thought just to reach this [...]

Daimler pledged on Friday to raise its earnings forecast 2010 before the end of the month after publishing strong preliminary results for the second quarter, supported by the results of its upscale subsidiary Mercedes-Benz.
The German carmaker said on Friday an operating profit of 2.1 billion euros for the period April to June, against [...]

Novartis AG Thursday unveiled figures in line with expectations in the second quarter of 2010 but has attracted attention in revising upward its forecasts for the current year.
The laboratory in Basel now expects growth at constant exchange rates, its revenues would fall between the middle and upper range of a single-digit rate (excluding [...]