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Market Watch
anuary 17 - 22, 2004
Fashion & Leather Goods Are LVMH’s Best Sellers
PARIS, Jan 22, 2004/ FW/ --- Luxury behemoth LVMH released its earnings for the fourth quarter of 2002-2003 reporting sales of EUR 12 billion representing organic growth of 4% over 2002.
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America's Holiday Hangover: How to Cope with the Effects of Holiday Gluttony
Jan 22, 2004/ FW/ --- Splurging is part of the spirit of the holidays, but the
effects of overeating and overspending can result in a "Holiday Hangover" that
many Americans can relate to.
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Investor Confidence Declines to 105.9 in January
Jan 21, 2004/ FW/ ---State Street Associates, a subsidiary of State Street
Corporation (NYSE: STT), the world's leading specialist in meeting the needs of
institutional investors, released today the results of the State Street Investor
Confidence IndexSMfor January 2004.
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Optimal Robotics and Terra Payments to Merge
Jan 20, 2004/ FW/ --- Optimal Robotics Corp. (NASDAQ: OPMR) and Terra Payments
Inc. (TSX: TPI) today announced that they have agreed to merge in a strategic
business combination that will add parallel business opportunities to each
company with a superior platform for enhanced growth and profitability.
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Nordstrom December Same-Store Sales Increase 9.1%
DALLAS, Jan 17, 2004/ FW/ --- Santa Claus left Seattle-based Nordstrom a big gift last Christmas, giving the luxury retailer sales of $941.8 million during the holiday season, an increase of 12.2 percent compared to sales of $839.2 million last year. Same-store sales increased 9.1 percent.
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