profits up, sales down

Good for stocks, bad for people theme: Renault SA, France’s second-biggest carmaker, last week reported unexpected growth in first-half profit as labor-cost cuts and higher vehicle prices more than offset slumping sales. Paris-based Alcatel-Lucent SA today reported second-quarter earnings that topped analysts’ estimates.

Good for stocks, bad for people theme:

Renault SA, France’s second-biggest carmaker, last week reported unexpected growth in first-half profit as labor-cost cuts and higher vehicle prices more than offset slumping sales. Paris-based Alcatel-Lucent SA today reported second-quarter earnings that topped analysts’ estimates.

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