Aug. 7 - Five things you need to know about Thursday including results from Adidas, Prada, Nestle and Commerzbank.
Clarify things series and I'm out first they first a freshman so wet added that's expected to report a 2% rise in Q2 profits tomorrow. The German sports apparel maker for costing record sales in World Cup -- next yet and hoping to stay ahead of its rival Nike. Soccer business. And sales they did you from Prada back in June the Italian fashion house posted a thirteen and a half percent rise in profit on the back of strong Asia Pacific sales. Second more bank earnings -- bank expects reporter two -- slump in profit Germany's number two lender in the midst of a radical cost cutting program. Which includes shedding -- define thousands of its 45000. Style. Schroeder is also reporting profit was up 20% last quarter suburb of mine did say the significant rise in retail -- them on would -- continue. Number three on all the significance -- -- earnings nicely sets -- -- -- first half numbers the world's largest food group facing sluggish growth in Europe and Asia. That's putting pressure on the maker of -- cats and ninety cents to cut costs and ditch underperforming businesses. A second quarter premiums Swiss re -- up fourteen point 3% in reports Q2 numbers tomorrow as well. A full Rio Tinto reporting results the world's number three minor has at least half a dozen assets on the April aiming to -- its nineteen billion dollars in desk. And boost -- channels but with commodity markets are volatile. Blasting unwilling to pay out. And lost but by no means least greet prime minister I'm sort of someone else -- to meet President Obama. His first White House visit since taking power government sources see the meeting as a vote of confidence from the US in his leadership. At a time when the coalition is on oppression since he's Michael -- and says that maybe another motive behind of his it. Grace has an all for a long way to -- if that fit its debt burden remains unsustainable and I think his talks with -- Obama. Coakley maybe to trying get President Obama try and -- Angola not cope with that subject that -- speaking it's nine. Debt restructurings. I think that's something that might have to wait until after the German elections. That's Soledad the first thing. I'm acts of truffles it's.