The Dutch telecommunications company Royal KPN NV said Wednesday its profit fell 12 percent in the second quarter, due to restructuring charges, higher financing costs and taxes.
Luxury retailer PPR SA said Wednesday that its sales rose 4.5 percent in the second quarter thanks to strong demand for Gucci frocks and handbags and Puma sportswear.
NEW YORK (Reuters) - Pfizer Inc on Wednesday said quarterly earnings more than doubled on higher sales of its prescription drugs and lower expenses, but its Chantix quit-smoking drug lost more than a third of its U.S. sales amid safety concerns.
