MANILA, Dec 13- The Philippine central bank kept its benchmark interest rate unchanged at a record low on Thursday, saying the economy needed less support with strong domestic demand seen extending into next year, but it saw risks from strong capital inflows.
Nov 29- Tiffany& Co lowered its fiscal-year sales and profit forecast for the third straight quarter after weak quarterly sales of its high-margin but inexpensive silver jewelry and a drop in quarterly same-store sales in its key Asia market.
Nov 29- Tiffany& Co lowered its fiscal-year sales and profit forecast for the third straight quarter and reported lower-than-expected revenue and earnings after a drop in same-store sales in its key Asia market.
Nov 29- Tiffany& Co lowered its fiscal-year sales and profit forecast for the third straight quarter on Thursday as it reported lower-than-expected revenue and earnings, hit by a drop in same-store sales in Asia and disappointing sales of silver jewelry. It projected a full-year profit of $3.20 to $3.40 per share, down from an earlier range of $3.55 to $3.70.
Nov 29- Tiffany& Co lowered its fiscal-year sales and profit on Thursday as it reported lower-than-expected quarterly sales, blaming global economic conditions and poor sales of silver jewelry. It looks for a full-year profit of $3.20 to $3.40 per share, down from an earlier range of $3.55 to $3.70.
A two-tier economy is emerging in the UK, with small-cap companies being left behind, Keith McGregor, EMEA head of restructuring at Ernst & Young, told CNBC Monday.
Operational efficiency has become a key to a company's success, especially in an age of thin margins, whether it 's cutting costs, streamlining output or responding to an economic shock.