Joerg Frey News
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Puma SE, Europe’s second-largest sporting-goods maker, appointed Pandora A/S leader Bjoern Gulden as chief executive officer after a four-month search.
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Germany’s government is offering 211 billion euros ($284 billion) in guarantees to save the European economy. The country’s consumers are doing their part, too.
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Puma SE, Europe’s second-largest sporting-goods maker, cut its 2012 sales and profit forecasts and said it will close some stores and may also eliminate jobs after business slowed in the first half of the year.
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For 245 euros ($338), Adidas AG will share Lionel Messi’s secret with you.
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Henkel AG , the maker of Loctite glues and Persil detergent, fell the most in more than a year in Frankfurt as a profit increase failed to impress some investors and the company forecast higher raw-material prices.
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Adidas AG, the world’s second- biggest sporting-goods maker, lowered its 2015 forecast for sales at the Reebok brand, taking the shine off increased revenue goals in all other parts of the business.
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Tchibo GmbH, one of Germany’s oldest and largest coffee companies, wants to generate excitement for its brand with a new premium single-serve coffee maker in colors including hot-red and aubergine.
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German stocks fell for a second day, led by financial shares amid concern that Greece’s debt crisis may spread to other European nations.
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