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Americas Car-Mart 1Q Profit Falls

Americas Car-Mart 1Q Profit Falls Americas Car-Mart Inc., which operates 89 car dealerships in nine states, said Thursday its first-quarter profit fell 15 percent, as higher selling and interest expenses offset improved revenue. It also cut its full-year financial forecast due to rising energy costs and other economic pressures. For the quarter ended July 31, the company reported net income of $4.2 million, or 35 cents per share, versus a prior-year profit of $4.9 million, or 41 cents per share. Revenue rose to $62.2 million from $58.2 million in the year earlier period. Wall Street had forecast a profit of 40 cents per

Scotiabank Third-Quarter Profit Rises on Latin America Unit

Scotiabank Third-Quarter Profit Rises on Latin America Unit Bank of Nova Scotia, Canadas third- largest bank by assets, said profit climbed for the 13th straight quarter on higher earnings from its international unit. Net income for the third-quarter ended July 31 rose 19 percent to C$936 million ($842 million), or 93 cents a share, from C$784 million, or 77 cents, a year earlier, the Toronto- based bank said today in a statement sent by PR Newswire. (Bank of Nova Scotia will hold a conference call at 2:30 p.m. Toronto time. To listen, dial (1) (800) 796-7558 at least five minutes

A Daily Survey of What the International Online Media Are Saying

A Daily Survey of What the International Online Media Are Saying As President Bush departs for India today, he can expect a warmer reception than in most countries. Sixty-six percent of Indians polled by the newsweekly Outlook said that they regard Bush as a friend of India. Bush benefits from generally pro-American feelings on the subcontinent. A 2005 poll done by the Pew Research Center found that 71 percent of Indians had a favorable image of the United States, the highest approval rating measured in any country, including Canada and Great Britain. This popularity, however, does not necessarily translate into support for U.S.

Michael Harrisons Outlook: Balls to America could become the motif of the Brown years

Michael Harrisons Outlook: Balls to America could become the motif of the Brown years The Government has seen how the long arm of American law has reached across the Atlantic and grabbed at British business interests in quite unexpected ways. The NatWest Three have been yanked off to the US to spend a year preparing their defence for a trial which might see them sent down. Two directors of British online gaming companies find themselves under arrest and facing possible trial in the US. Even the likes of BP and British Airways have been forced to come to terms with

Colgate 1st-Qtr Profit Rises on Latin America, Asia Sales

Colgate 1st-Qtr Profit Rises on Latin America, Asia Sales Colgate-Palmolive Co., the worlds largest toothpaste maker, said first-quarter profit rose 8.1 percent on sales in Latin America and Asia. Net income increased to $324.5 million, or 59 cents a share, from $300.1 million, or 53 cents, a year earlier. Sales in the period ended March 31 climbed to $2.87 billion from $2.74 billion, the New York-based company said today in a statement. Excluding items, Colgate earned 70 cents, exceeding analyst estimates. Revenue in Latin America is increasing as the company introduces new toothpaste brands including Colgate Max Fresh. Chief Executive