Commodity costs hit Europe’s earnings

The final quarter of 2010 was the most disappointing earnings season for European companies since 2008 as groups confronted the rising cost of commodities, according to research by Morgan Stanley published in March 2011.

ESO: Background information: European Systemic Risk Board: EU authority aims to head off crises http://www.europeansources.info/record/european-systemic-risk-board-eu-authority-aims-to-head-off-crises/

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