News Tag: expectations
March 14, 2010
Industrial production in the euro zone exceeded expectations in January, posting growth of 1.7%, which represented the biggest monthly increase since records began in January 1990.
The increase boosted hopes that the 16-member bloc’s economic recovery is gathering pace.
It was recently revealed the euro zone economy grew by just 0.1% in the fourth quarter of 2009 but many ...
Euro zone industrial production in record growth in Jan
by Kay Murchie
February 25, 2010
Royal Bank of Scotland (RBS), which is 84% state-owned, has today posted a full-year loss of £3.6 billion.
RBS is the second major UK bank to report its 2009 results. Last week, Barclays announced record profits of more than £11 billion - a 92% rise on the previous year.
However, RBS’ loss is not as bad as analysts were expecting, many had predicted losses ...
RBS posts £3.6bn annual loss
by Kay Murchie
February 24, 2010
Hong Kong’s economy expanded by 2.3% quarter-on-quarter in the final three months of 2009 - beating analysts expectations.
The figures are further proof that Asia is leading the global recovery and come just a few days after figures showed Taiwan’s economy grew at an annualised rate of 18% in the final quarter of 2009.
Meanwhile, the economy contracted by 2.7% in ...
Hong Kong’s economic growth beats expectations in Q4
by Kay Murchie
February 19, 2010
Official data has revealed US consumer prices rose by a slower-than-expected 0.2% in January.
On an annual basis, prices were up 2.6% - also below expectations.
The increase was the result of a hike in energy prices, which rose for the ninth month in a row. Over the last year, energy prices have soared 19.1%, said the Labor Department.
Meanwhile, excluding volatile ...
US consumer prices up 0.2% in January
by Kay Murchie
UK retail sales slip due to January snowfall
by Kay Murchie
February 15, 2010
The Japanese economy grew at a better than expected 1.1% in the last three months of 2009, meaning it retains its status as the world’s second largest economy.
Meanwhile, official figures show that GDP grew at an annualised pace of 4.6% in the fourth quarter of 2009, cementing a strong recovery from its worst recession in decades.
Japan exited recession in the second ...
Japanese economy expands 1.1% in Q4
by Kay Murchie
January 29, 2010
The Commerce Department has today revealed that the US economy grew 5.7% in the final three months of 2009 - the fastest pace in six years and higher than analysts expectations.
The US economy emerged from recession in the third quarter after experiencing growth of 2.2% and today’s figures clearly show that after enduring the longest and deepest downturn since the Great ...
US Q4 economy growth beats expectations
by Kay Murchie
January 28, 2010
Swedish budget retailer, Hennes & Mauritz (H&M), has today announced it is to open 240 new stores this year in Europe, Asia and the US after it posted a better than expected 21% rise in Q4 profits.
The fashion chain also said it was about to enter the Israeli market, with outlets in Tel Aviv, Jerusalem and Haifa.
For the three ...
H&M eyes expansion as Q4 profit soars
by Kay Murchie
January 26, 2010
The Munich-based Ifo think tank today announced that confidence among German firms has risen to its highest level in 18 months.
The Business Climate Index rose for the tenth consecutive month from 94.6 in December to 95.8 in January - exceeding analysts expectations.
In the meantime, business expectations, which form part of the index, increased to 100.6 from 98.9 - the highest reading ...
German business confidence surges in January
by Kay Murchie
January 22, 2010
The Office for National Statistics (ONS) has today revealed a disappointing performance for the High Street for the month of December.
Official figures showed that UK retail sales rose by just 0.3% in December compared with the previous month.
On an annual basis, sales were up 2.1% but both monthly and annual figures were lower than analysts had expected.
The annual figure ...
UK December retail sales fall short of expectations
by Kay Murchie
January 21, 2010
US coffee chain Starbucks has exceeded market expectations by reporting a threefold rise in quarterly profits.
The chain posted a net profit of $241.5 million (£148 million) in the final quarter of 2009, compared with $64.3 million in the same period a year ago.
Meanwhile, same store US sales grew 4%, their first rise in over two years.
In the UK, like-for-like sales increased by ...
Starbucks results exceed expectations
by Kay Murchie
Goldman Sachs results beat expectations
by Kay Murchie
Chinese economic growth exceeds Government expectations
by Kay Murchie
January 19, 2010
The Office for National Statistics has today announced that Consumer Price Inflation (CPI) rose at its fastest annual pace in 9 months in December.
CPI rose 0.6% in December on the month, taking the annual rate to 2.9%, up from 1.9% the previous month.
This was the largest monthly rise in the annual index since records began and exceeded analysts’ expectations who had ...
UK inflation reaches 2.9% in December
by Kay Murchie
January 15, 2010
There were hopes that the personal computer market is staging a recovery after chipmaker Intel said net income in the three months to 26 December was £1.4 billion - surging ahead of the £143 million reported a year earlier.
Furthermore, the company, which is based in Santa Clara, California, exceeded analysts' expectations after sales soared 29% to £6.5 ...
Hopes for PC market recovery as Intel Q4 profits surge
by Kay Murchie
January 14, 2010
DSG International, the electronics group that owns Dixons, Currys and PC World, has today joined other major retailers in reporting bumper Christmas sales.
The group, which is Europe's No. 2 electricals retailer, enjoyed a record-breaking Christmas, with like-for-like sales in the 12 weeks to 9 January up 8% compared with the same period a year earlier.
Underlying ...
More bumper Christmas sales figures from DSG & HRG but HMV disappoints
by Kay Murchie
January 13, 2010
The Office for National Statistics (ONS) has today revealed a rise in UK industrial production for the month of November.
The official data showed that output rose by 0.4% in November compared with October and was slightly higher than analysts expectations of a 0.3% rise.
The figures will boost hopes that the UK emerged from its worst recession in decades in the ...
UK industrial output beats expectations in November
by Kay Murchie
January 12, 2010
British confectioner Cadbury, renowned for Dairy Milk chocolate, urged shareholders today not to let Kraft “steal your company with its derisory offer“.
Cadbury chairman, Roger Carr, delivered the statement after it said it had enjoyed an "outstanding" performance in 2009, which exceeded market expectations.
It said underlying revenues were up 5% in 2009, with a 6% rise in the latter ...
Cadbury attacks Kraft after it unveils ‘outstanding’ 2009
by Kay Murchie
January 8, 2010
The Office for National Statistics (ONS) has today revealed a rise in factory prices for the month of December.
According to the ONS, the prices of goods leaving UK factories grew at a faster pace than expected at 0.5%.
The monthly rise takes the annual rate of output price inflation to 3.5% - exceeding forecasts of a 3.1% rise.
Meanwhile, input price inflation, ...
Factory prices exceed expectations in December
by Kay Murchie
January 6, 2010
British retailing giant, Marks and Spencer (M&S), has today reported its first sales growth in over two years.
The 125-year-old retailer which sells clothes, food and homewares, said like-for-like sales grew 0.8% in the three months to 26 December compared with the same period a year earlier.
However, the increase was below market expectations of a 2% rise. M&S has been suffering ...
M&S sales growth slightly below expectations
by Kay Murchie
