Weak Ice Cream Sales Melt Nestle's Profit

Other author's news:

• TV, Online Units Fuel Playboy Profit - Playboy Enterprises Inc. onWednesday reported a better-than-expected quarterly net profit,helped by strength at its television and online operations thatovercame lower results at its flagship magazine.
• Barclays first half profit rise boosts shares - British bank Barclays Plc postedfirst-half profit ahead of forecasts on Friday as revenuegrowth more than made up for rising bad debt charges, sendingits shares up.
• Credit Suisse to Integrate Units - Credit Suisse will fully integrate itsinvestment bank Credit Suisse First Boston with the rest of itsbanking business, the Swiss group said on Tuesday, as it setambitious earnings targets for 2007.

Similar news:

• Unilever shares punished after meltdown in ice cream sales - Unilever stunned investors yesterday when it revealed its first fall in sales for four years, putting pressure on its full-year targets. Its shares fell 4 per cent.
• CoolBrands expands its ice-cream distribution system - CoolBrands International Inc. has acquired a new US distribution system for its ice cream and frozen treats from a subsidiary of bankrupt Italian dairy giant Parmalat Finanziaria SpA.Financial terms of the sale of Parmalat's ...
• Parmalat sells US ice cream business to CoolBrands, refinances in Canada - TORONTO (CP) - Bankrupt Italian dairy giant Parmalat sold its US Kinnet ice cream business Monday to a Canadian food distributor, even as Canada's second-largest pension plan agreed to shore up Parmalat's Canadian division with a $610-million refinancing

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