Business News » sales

Goldman Sachs closes its sales department

viliyana89 — Sun, 05 Sep 2010 03:40:43 +0000

The Investment Bank Goldman Sachs has decided to close one of its main divisions, which takes care of its own trading account in securities. Communication comes after the end of July, Congress approved the largest financial sector reform in the U.S. from the years since the Great Depression. Took a similar decision this week and JPMorgan, announcing the brokers in the marketing division with equity, it will be closed due to the changes in the regulation of the financial sector. Trading for own account involves the use of equity capital for transactions in securities. Its share of the operations of both banks declined significantly in recent years at about 10 percent of the revenues of Goldman Sachs. Investment banks and large companies in the U.S. came under fire from the public last year, so that caused the financial crisis of 2008 with excessive risks not make in mourning for its own account. Bill Dodd-Frank on financial reform, which was signed by U.S. President Barack Obama this summer, limiting banks risking equity through transactions on their account.
The financial companies in the U.S. have four years to comply with the requirements set out in the broader financial reform.

Land Rover with large increase in sales

viliyana89 — Thu, 08 Apr 2010 14:48:38 +0000

Land Rover has achieved record growth in sales in March, the company reported. British brand, which in 2008 is owned by the Tata company Indian to sell 43.1 percent more cars than the same period last year reaching volume of over 24 thousand units. Land Rover’s sales increased in almost all markets, are particularly strong results in Europe and Asia. For the first quarter growth in China was 192% compared to 2009 British brand reported increase of interest in Korea and Brazil, where sales jumped by 149 percent, respectively, and 101.4%. However, the UK remains the largest market for Land Rover. This growth is also visible – 67 percent or 11 350 more cars – an absolute record. North America and China, however, are very close to improving these results in the near future is highly probable that these markets to become leaders in the British brand. In Europe the highest sales growth in Turkey and Switzerland reported 150% and 139%. Immediately after they shall rank Spain, Germany, Austria, Holland and France. Land Rover enjoys a growth in sales in Bulgaria. Last year British record mark of 30% more sales, although 50 percent decline in the market.
Beginning of 2010 was also successful, taking orders for the new model year Land Rover’s have increased dramatically.

Companies in the consumer sector have brought growth to Wall Street

viliyana89 — Tue, 09 Feb 2010 22:26:38 +0000

The good financial performance of Coca-Cola for the last quarter of 2009, and renewed economic optimism of investors, brought strong growth of indexes on Wall Street at the beginning of today’s session, led by consumer companies. Nearly half an hour after the start of trading the index of the 30 largest and most frequently traded U.S. companies stock Dow Jones IA increased by 1.2% to 10 031.28 points, a broad measure of stock S & P 500 added 1 percent to its value to 1 067.59 points. With at least 0.9% to 2 146.08 index points ahead, which brings together companies from the exchange Nasdaq – Nasdaq Composite. In addition to consumer companies to provide better extractive and energy companies because of the strong rise in oil and metals today. Sales in the financial sector at the end of yesterday’s session indexes remained negative territory for the second day. Investors retreated from risky assets in the fiscal difficulties because of the danger of Greece being taken in other European countries. Strong demand in China, Brazil and India offset the decline in the countries of North America and thus the profits of Coca-Cola reported a growth of 55 percent annually during the last quarter of 2009 to 1,5 billion dollars. The manufacturer of soft drinks could increase its market share and its shares have risen by 3.2 percent to 54.35 dollars on the New York Stock Exchange.
Shares of another component of the index, Dow Jones IA – McDonald’s, Increase 0.5% to 63.23 dollars after the U.S. chain of fast food restaurants said its sales increased in January from 2.6 percent on an annual basis. The only economic data today showed that U.S. consumer pessimism to be strengthened in February. This study revealed the research agencies and financial TIPP daily newspaper Investor’s Business Daily. The index of consumer confidence in the IBD / TIPP fell unexpectedly to 46.8 points in February to 48.8 points in January. In August last year, the measure of consumer confidence has returned to the optimistic zone over 50 points, showing improving consumer attitudes. Two months later, the index went down again. The study of IBD / TIPP is held at the beginning of each month among the 900 members in the U.S. and after their assessment of current economic conditions, their expectations for the next six months, and their confidence in the economic policy of the government.

Sales and traffic of Eurostar trains with growth in 2009

viliyana89 — Thu, 21 Jan 2010 23:40:22 +0000

The ticket sales and number of passengers on trains Eurostar, traveling from London to Paris and Brussels through the Channel Tunnel rose in 2009 despite a train accident in December that left more than 2 thousand passengers “trapped” in the tunnel hours, Air Force forward. Eurostar sales last year increased by 1,7 percent to 675.5 million pounds (774 million), while the number of passengers grew by 1.2 percent to 9.2 million. Earlier this week the company announced it expected to pay compensation amounting to 11 million passengers in the tunnel remained closed because of damage to trains on the weekend before Christmas.From Eurostar note that the crisis has reduced the number of business trips in the first half of last year.
In the second half they started to rise.

Sales of new cars in France with 10% growth

viliyana89 — Thu, 31 Dec 2009 23:47:23 +0000

New car sales in France grew by over 10% in 2009 over the previous year, thanks to state incentives for purchasing a new car, and promotions for manufacturers and dealers, government estimates show. By the end of the year, sales of new cars in the country will reach 2.27 million units, said Industry Minister Christian Estrozi. The result for 2009 is generally best for the sector in 1990, he added is quoted by Dow Jones. Earlier today newspaper Les Echos reported that sales in December rose by 40% yoy, as buyers sought to take advantage of the government program to encourage the purchase of a new car before Jan. 1. From early next year to help purchase a new car will be reduced to 700 euros from the current 1000 and from July will fall to 500. According to Estrozi 575 thousand cars were sold in the country this year with the program.
French manufacturers Renault and PSA Peugeot Citroen are the biggest winners from the sales increase, as their market share in the country has reached 54% from 52.8% in 2008

Strong jump in sales of older homes in the U.S.

viliyana89 — Wed, 25 Nov 2009 22:49:09 +0000

Sales of existing homes in the United States reached an annual rate of 6.1 million pcs. in October, or 10.1 percent more than the pace reached in September. These forward Bloomberg, citing data from the National Association of Realtors real estate. The pace is well above expectations of analysts who forecast it to reach 5.7 million pcs., The agency adds. From there, considering that the results are largely due to a tax credit that families receive in the purchase of first homes, which amount to 8 thousand dollars. Compared with the same period last year house prices in October fell by 7.1%, the smallest drop of more years, it. Data was taken positively by the market, S & P 500 rose by 1.9% to 1111.53 points. Meanwhile it became clear that Americans will spend an average of 390 dollars on holiday gifts this year.
The amount is 28 dollars with less than that reported for the Christmas period last year.

Half a million sales of Ford Fiesta

viliyana89 — Thu, 29 Oct 2009 17:06:33 +0000

One year after its premiere, more than half a million customers have bought the new Fiesta, while Ford Motor Company is preparing the presentation of the sleep pattern of North American and other key Asian markets next year, the company announced. The new Fiesta, launched sales in Germany in October 2008 in Europe very quickly it turned into one of the leaders in its class. Fiesta is a key product to increase market share for Ford-Europe, which grew by 0.5 points in September and reached 9.2 percent, the highest since 1992. After its premiere in Europe, Fiesta was presented in South Africa, Australia, New Zealand and China. Global sales reached 470 000 units in September this year, with 430 000 sales in Europe and 40 000 in the Asian region. Continuing strong demand for the Fiesta in October contributed to the total number exceeds 500 000. “Customers worldwide recognize the Fiesta as a representative of the global DNA Ford – an impressive design, innovation, excellent road behavior and great value,” said Jim Farley, vice president global marketing USA, Canada, Mexico and South America. The new Fiesta will debut in North America by presenting his motor show in Los Angeles in December. Fiesta will hit showrooms in North America next summer.
Over 40% of customers choose Fiesta high levels of equipment Titanium and Ghia. The variety of colors was also a hit. In the Ford factory in Cologne, Germany and Valencia, Spain produced versions with 3 and 5 doors. The plant in Nanjing, China produces 5-door hatchback and sedan with 4 doors. Modifications to the production of 4 and 5 door in Thailand will be launched in the second quarter of next year. Fiesta for the North American market will be assembled in Cautitland, Mexico in two versions: the 5-door hatchback and sedan.

Large profit drop of Fiat

viliyana89 — Thu, 22 Oct 2009 20:18:26 +0000

Italian Fiat automobile concern announced that for the third quarter of the year, sales revenue fell by 62 percent, and the reason for this is mostly a partnership with Chrysler Group, wrote in an online version of newspaper Wall Street Journal. The report of the company shows that its net profit in the third quarter fell nearly 19 times – up to 25 million, compared to 468 million EUR a year earlier. Revenue fell to 12 billion euro, 14.3 billion EUR a year ago at this time. “The company may reconsider the viability of investments made and planned, and even lead to their reduction,” he wrote in a message distributed to the media of concern. Because of this Fiat forecasts that revenue from sales by the end of the year will fall by another 1 billion EUR and losses of the Group will reach 5 billion EUR.
This report came after a lot of speculations for the good financial situation of the company, which increased the shares of Fiat with 1.3 percents last week.

Sales of Ford, Chrysler and Nissan registered decrease

viliyana89 — Thu, 01 Oct 2009 16:15:10 +0000

Sales of automobile companies Ford Motor, Chrysler Group LLC and Nissan Motor of the United States reported a decline in September was canceled after the program for the purchase of old cars by the government, known as “money for old cars” (cash for clunkers). The decline in sales of Ford was 5.1%, which was more than economists’ expectations and represented the first monthly drop in two months of growth. For its part, Chrysler reported that sales for U.S. consumers fell by 42 percent, while those of Nissan decreased by 7 percent. The The US carbuilder General Motors has not yet published data on its sales last month, but the market expected to fall by 44 per cent. Economists expect sales of Toyota to decrease by 9,7 percent, while those of Honda to fall by 13%. Contraction of the automotive market is fully expected – it became a reality after the previous two months sales of automobile manufacturers were supported by the U.S. the government program for the purchase of old cars to their owners to buy new and more efficient vehicles.
Of 27 July on 24 August by the program were purchased 700 000 vehicles.

Toyota increase the predictions for the sales

viliyana89 — Sun, 27 Sep 2009 16:33:28 +0000

The Japanese automaker said that Toyot prediction to increase its car sales for the financial year 2009-2010, which ends on 31 March next year. New estimates show that the largest automobile company in the world will sell 3% more cars compared to the previous forecast, with total expected to reach 6.7 million cars. This agency writes Reuters referring to the daily Tokyo Shimbun. In addition to sales and production were high expectations. They were revised by the big 8 percent increase to 6.45 million cars due to the impact of government programs implemented in many countries. The agency officials reported that it found the company did not comment on. Toyota, which last year announced its first loss in 1937, announced that sales in August and increased by 9 percent annually.
Meanwhile, the government of Japan began to offer 250 thousand yen (2.8 thousand dollars) for purchase of cars with low greenhouse gas emissions as part of the largest plan to stimulate the economy. Toyota, for its part called on the authorities to extend the program for two years until the end of March 2012