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Online Personal Finance Magazine
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Lakshmi Machine Works is reaping the benefits of its intense business focus
Normally, a company that sells manufactured goods (say garments) does better than the supplier of machinery that is needed to do the manufacturing (sewing machines). That is because the manufacturer captures a higher value in the chain. But while textile companies are not doing too well, one stock shooting through...
Price are likely to ramain subdued throughout 2007. That's bad for aluminium stocks
Late on October 11, the world’s largest aluminium company Aloca Inc. announced its third-quarter results. Revenues climbed by 19% to $7.6 billion and profit leapt by 86% to $537 million, or 61 cents a share but the stock was hammered down 11% in after hours trading. This is because earnings per share fell...