Luxury-goods industry sharpens focus on service By COTTEN TIMBERLAKE / Bloomberg News More than half of shoppers are unhappy with their experience at luxury-goods sellers, according to the Luxury Institute, a New York research group.
J Sainsbury shares leap after a $2.8 billion stock purchase By AMY WILSON / Bloomberg News The sale of the 14.4 percent stake in Sainsbury spurred speculation that an investor was aiming at the British supermarket company or its real estate assets.
Revenue up 7 percent for LVMH By SARA GAY FORDEN AND LADKA BAUEROVA / Bloomberg News The world's largest maker of luxury goods raised prices to compensate for the effects of a strong euro.
Profit at BBVA soars on sale of assets By CHARLES PENTY / Bloomberg News Higher income from Spain and Mexico, combined with the sale of assets to finance its U.S. expansion, helped to nearly double profit at Banco Bilbao Vizcaya Argentaria in the first quarter.
Profit up 27% at Boeing By JON STEINMAN AND JAMES GUNSALUS / Bloomberg News The U.S. maker of aircraft booked orders for 185 commercial planes last quarter, beating Airbus of Europe by 51, and it began construction on its fuel-efficient 787 Dreamliner.
European retailers have fundamental problem By NEIL CRAVEN / Bloomberg News Valuations of European retailers reflect the potential for further buyouts in the sector, masking their middling earnings' growth.
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