Source Pravda.Ru

Polo Ralph Lauren gains profit and shares increase

Polo Ralph Lauren (NYSE: RL), American fashion designer Ralph Lauren's luxury lifestyle company, announced the largest increase of stock in almost two years.

Its shares jumped $6.96, or 11 percent, to $68.71 at 11:04 a.m. in New York Stock Exchange composite trading.

This sudden surge resulted from profit increase, boosted sales of its new American Living line for J.C. Penney Co. and soared activity in Europe.

The company’s net income gained 41 percent jumping to $103.5 million, or $1 a share. The fourth-quarter profit totaled $73.2 million, or 68 cents, excelled analysts' average projection by 35 cents.

Polo’s revenue experiences 20 percent increase to $1.24 billion.

American Living line and Chaps line boosted the company’s sales by a quarter.

Photo: blog.bidz.com

The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations

Blame MH17 on Russia: International investigation turns into demonic circus

The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations

Blame MH17 on Russia: International investigation turns into demonic circus

On the second day of the St. Petersburg International Economic Forum, a plenary meeting was held, in which Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe, Chinese Vice President Wang Qishan and IMF head Christine Lagarde took part

World leaders unite with Russia at St. Petersburg International Economic Forum
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Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus