Avion Announces Second Quarter 2009 Financial Results (Marketwire)

A GREAT START FOR THE NEW AFRICAN GOLD PRODUCER STUDYING EXPANSION OPPORTUNITIES UNHEDGED AND DEBT FREE

REXEL : HALF-YEAR 2009 RESULTS (Marketwire)

PARIS–(Marketwire – July 31, 2009) – RESILIENT MARGINS IN A TOUGH ECONOMIC ENVIRONMENT THROUGH ACCELERATED COST ADJUSTMENT STRONG DEBT REDUCTION AND RENEGOTIATED COVENANT – Sales of EUR 5.6 billion (-17.9% organic same-day) reflecting tough economic environment – EBITA1 of EUR 184.5 million; resilient margin at 3.3%, drop contained to 190 bps through: – gross margin improvement: +40bps – …

REXEL : HALF-YEAR 2009 RESULTS (ITNews)

(ITnews) – (Hugin) – RESILIENT MARGINS IN A TOUGH ECONOMIC ENVIRONMENT THROUGH ACCELERATED COST ADJUSTMENT STRONG DEBT REDUCTION AND RENEGOTIATED COVENANT – Sales of E5.6 billion (-17.9% organic same-day) reflecting tough economic environment – EBITA1 of E184.5 million; resilient margin at 3.3%, drop contained to 190 bps through: – gross margin improvement: +40bps – efficient cost reduction of …

IW: German Budget Consolidation Must Do Without Tax Hikes (Nasdaq)

BERLIN -(Dow Jones)- Germany faces a drastic surge in debt but it must opt for spending cuts and do without tax hikes to consolidate its budget, the Cologne- based, business-funded IW economic research institute said Tuesday.

Instapundit » Blog Archive » USA TODAY: Leap in U.S. debt hits …

USA TODAY: Leap in U.S. debt hits taxpayers with 12% more red ink. “Taxpayers are on the hook for an extra $55000 a household to cover rising federal commitments made just in the past year for retirement benefits, the national debt and …