Carrefour trims investment budget for web ventures

Article Abstract:

Carrefour SA will cut its budget to 25 million euros, a 30-40% reduction, for all online investment ventures over the next three years.

Financial management

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Carrefour net rises but erosion of market share damps stock

Article Abstract:

Carrefour SA posted an increase of 19% in its net income for the 2000 year. Carrefour posted 1.07 billion euros in net income for the year, although the decline in market share hurt the company's share value.

author: Ellison, Sarah

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Carrefour's sales increase by 9.6% as key markets begin recovery

Article Abstract:

Carrefour SA posted an increase of 9.6% in its sales for the 2001 first-quarter. The company posted 18.46 billion euros in sales for the period.

author: Ellison, Sarah

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subjects list: Finance, France, Superstores, Carrefour S.A., Hypermarkets
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