first_img Top Stories Meghan McCain to release audiobook on conservatism, family More Valley freeways to be closed this weekend for improvements New Year’s resolution: don’t spend another year in a kitchen you don’t like Arizona families, Arizona farms: working to produce high-quality milk 5 greatest Kentucky Derby finishes New high school in Mesa lets students pick career pathscenter_img As a result it said full-year earnings will “decrease significantly” from last year’s (EURO)230.1 million.Puma is also lowering its full-year revenue outlook _ predicting growth in the mid-single digit range, down from the previous forecast of a high-single digit increase.(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.) Sponsored Stories Think Tank analyzes the second round of Democratic debates BERLIN (AP) – Sportswear maker Puma has warned that profits will fall sharply this year as business in Europe suffers in the wake of the continent’s debt problems.Puma, majority owned by French-based PPR SA, said Wednesday that first-half net earnings will be about 13 percent lower than a year ago, and that it will speed up cost-cutting efforts in response, incurring one-time charges of some (EURO)100 million ($122 million) in this year’s second half. Comments   Share   last_img read more