It is a sign that the world's largest retailer is taking steps to expand into the fast growing region and is looking for ways to sustain growth over the coming years.
More Quotes from Frederic Ruffy:
There might be some disappointment related to the latest trade volume data, especially the Chicago Board of Trade, where volume rose only 4 percent over year ago levels.Frederic Ruffy
Shares of Network Appliance are off to a good start in 2006, up nearly 25 percent since December 30.
Frederic Ruffy
The large skew indicates that the market is bracing for short-term volatility in Harley Davidson ahead of its earnings report, and the defensive put activity seems to suggest that some traders are concerned that the volatile move might be to the downside.
Frederic Ruffy
Some might wonder, is the Internet search business booming enough to justify the lofty stock price--which includes a price-to-earnings ratio 175 percent greater than its peers and a total market value 20 times greater than its annual revenues.
Frederic Ruffy
The company delivered a profit report that surpassed even the most optimistic expectations.
Frederic Ruffy
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Based on Topics: Sign & Symbol QuotesCommitting genocide on behalf of an institution generates greater loyalty to it than merely getting people fired from their jobs on its behalf.
John McCarthy
Therefore I feel that the aforementioned guiding principle must be modified to read: If you desire peace, cultivate justice, but at the same time cultivate the fields to produce more bread; otherwise there will be no peace.
Norman Borlaug
This is my first experience working in a foreign movie, but the mechanics, I think, are pretty much the same all over; you still have to wait in the trailer.
Dennis Farina