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NewsWhore
03-04-2009, 04:31 AM
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Adidas Forecasts Lower Sales and Earnings as Recession Bites (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DaSs0gO36Hzn4%26refer%3Deurope&cid=1310960842&ei=CUuuSaHbGZuoM9eK2fcD&usg=AFQjCNEe4qYPpQs3bfi7Z_z2WggFXm96KA)
Bloomberg
Revenue will decline at a “low-to-mid single-digit” pace, excluding currency swings, the German company said today as it reported more than doubled fourth-quarter profit. Earnings per share will also fall in 2009 and the operating margin will narrow ...


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