NEWS BY INDUSTRY

Volvo-102414.jpg Swedish automaker Volvo AB (VOLVY.PK) Friday said its third-quarter profit increased from the prior year, amid a modest rise in sales. Further, the firm increased its cost-cutting target, adding it would take some of these charges in the fourth quarter. In early morning trade, the stock was trading up 10.1 percent.
Air-Liquide-102414.jpg French industrial and medical gases maker Air Liquide SA Friday said its third-quarter revenue edged up 1 percent, amid good momentum in the Americas and Asia-Pacific. The company, however, witnessed slowdown in Western European manufacturing. On a comparable basis, revenues grew 4.3 percent.
Ericsson-102414.jpg Swedish mobile network equipment maker Ericsson reported Friday a decline in the third-quarter profit, reflecting effects from hedge contracts and higher operating expenses. Sales, however, increased on strong performance in the Middle East, China, India and Russia, despite weak North American results.
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