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Asian Stocks May Outperform U.S., Europe on Earnings Growth

Asian Stocks May Outperform U.S., Europe on Earnings Growth Profit growth at Asian companies is accelerating, a trend that may help the regions stocks widen their lead over U.S. and European shares this quarter. Companies based outside Japan will have a 12.1 percent increase in earnings this year, up from 6.9 percent in 2005, according to Morgan Stanley, which raised its estimate last week. Japanese profits before taxes and one-time gains will climb 20 percent in the 12 months ending in March, above an estimated 19 percent the previous year, the firm predicted. The estimates reflect the pace of economic

Unilever, Credit Suisse May Add to Europes Earnings Increases

Unilever, Credit Suisse May Add to Europes Earnings Increases Credit Suisse Group and Unilever may post increased profits this week after earnings from 13 of Europes biggest companies exceeded analysts estimates. Profit among Dow Jones Stoxx 600 Index companies climbed 12 percent in the second quarter, FactSet Research Systems Inc., a surveyor of analysts, said on July 28. A week earlier, FactSet estimated growth would be 3.4 percent. Thirteen of the 18 Stoxx 50 companies that have reported have beaten forecasts. Financial-services companies may pace earnings gains. Credit Suisse, Switzerlands No. 2 bank, may say Aug. 2 that second- quarter

Wolverine sees Europe import duties hurting profit

Wolverine sees Europe import duties hurting profit Shoe manufacturer Wolverine World Wide Inc. (WWW.N: Quote, Profile, Research) said on Thursday 2006 earnings will be at the low end of its previously announced range of $1.34 to $1.40 per share due to additional duties on leather footwear imported into the European Union from China and Vietnam. The company, whose shares were down 2.5 percent, said the European Commission's provisional trade measures could reduce its earnings by 4 cents to 5 cents a share, weighted to the back half of the year. Wolverine, whose brands include Hush Puppies, Merrell and Wolverine, stood by its forecast

Europe and Japan in effort to shore up yen

Europe and Japan in effort to shore up yen Finance ministers from Europe and Japan have launched a co-ordinated effort to shore up the yen, voicing concern over the recent sharp decline in a move designed to stop the Japanese currency falling any further. After a meeting of ministers and central bank governors of the G7 in Singapore at the weekend, Sadakazu Tanigaki, the Japanese finance minister said the yens value should reflect Japans economy, which is recovering, and added that the recent drop in yen had been a little rough. Jean Claude Trichet, president of the European Central Bank, said: We noted

On2 Technologies Partners With Sales Force Europe To Expand Video Technology Services - Quick Facts

On2 Technologies Partners With Sales Force Europe To Expand Video Technology Services - Quick Facts On2 Technologies, Inc. (ONT | charts | news | PowerRating) revealed that it has partnered with Sales Force Europe to expand its sales and marketing activities in Europe. As per the terms of the arrangement, On2 Technologies will have immediate sales presence throughout Europe to increase visibility and adoption of its video compression and delivery technologies among European software developers, service providers, and enterprises. On2 observed that Sales Force Europe focused on enabling U.S. technology companies to expand rapidly and efficiently into European markets. On2 added