Stocks - Big companies from EU & US - Weekly - page 6
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Adidas AG (FRA:ADS) increased its net profit to 683 million euros.
The German manufacturer had a growth of sales on Adidas and Reebok brands.
Adidas reported that revenue for the same period rose nearly 17% to 12.748 million euros, by the weak euro. Without the favorable effects of the exchange rate of the euro turnover would have risen by 9%. Operating profit in January-September improved by 17.3% to 1,083 million euros.
The euro's weakness also contributes to the turnover in the golf division TaylorMade, in which the company has implemented a restructuring program by falling sales in the US and Western Europe.
If the positive effects of the exchange rate are not counted, the turnover of TaylorMade to September fell 12.7% to 678 million euros.
Exxon Mobil Corporation (NYSE:XOM) lied to investors and the general public about the risks of climate change by 2014, and the New York Attorney General is investigating.
The New York Times citing people familiar with the investigation said that the state Attorney General Eric Schneiderman, asked Exxon Mobil financial records and emails.
The investigation covers nearly 40 years of activities of Exxon Mobil, since the seventies, long before Exxon and Mobil in 1999 formed a single corporation under the current name, which became the main US oil company.
Harley-Davidson Inc (NYSE:HOG) the American motorcycle manufacturer is facing a dangerous downhill.
The third quarter results certify their stagnation. and while Europe and Asia pull sales, that is not enough to offset the fall in the US. The value on Wall Street is at 2012 levels.
Harley-Davidson continues rolling down the roads around the world, but slows at home in the US. Keith E. Wandell, head of the Milwaukee firm until last May, and I saw it coming. The business has remained strong early in the year, despite the "headwinds". These winds refer to the benefit of the motorcycle manufacturer, which has begun a dangerous downhill. In the third quarter of 2015 it entered 1,320 million versus $ 1,300 million in the same period last year, but the benefit has been cut by 7.6% to 140.3 million dollars, compared with 150.1 million 2014.