Welcome to the topsy-turvy world of the �Yes-But� economy. It is, as you are doubtless becoming aware, a strange, febrile place - one that is forever teetering on the brink of an inflection point without ever quite tipping over.
Lowe's reported a rise in second-quarter profit and revenue Wednesday but the home improvement retailer also lowered its earnings guidance for the year.
American Home-building hits Eight-month High in July. US residential construction rebounded in July, growing 15.7 percent, the fastest pace in eight months and offering hope of regained momentum in the sector after two months of declines.
Carlsberg A/S (CARLB) and Heineken NV, (HEIA) two of the world's top four brewers, signaled tougher times ahead for the beer industry as escalating political tensions in eastern Europe weigh on the region's economy.
... * NDRC says 12 Japanese parts makers violated anti-monopoly law. * Yazaki, Sumitomo Electric, Denso, NSK among fined firms. * Auto sector under scrutiny by Chinese regulators.