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Tag Archives: Adidas AG

Overnight Market News – August 5, 2009

05-Aug-09

Lloyds Banking Group Plc Posts First Half Loss of GBP 4B or USD 6.8B as Loan Impairments Surged More than Five Fold to GBP 13.4B from a Year Ago Adidas AG Second Quarter Profits for Period Ended June Plummets 93% to EUR 9mm from EUR 116mm a Year Earlier on Lower Consumer Spending Hong Kong’s [...]

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Adidas’ Profits Plummet

06-May-09

One year ago, Adidas AG reported solid earnings as its soccer equipment sales were boosted by the Euro 2008 soccer tournament. This year however, the sporting goods maker wasn’t as fortunate, as its profits plummeted 97% to EUR 5M for the first three months of 2009. Sales for the period were down 2% to EUR [...]

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