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- BT earnings up and reiterates outlook
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LONDON (Reuters) - BT Group posted a first-quarter rise in underlying core earnings of 1 percent on Thursday, slightly below forecasts, but said its full-year guidance remained unchanged.
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Original Source: feeds.reuters.com
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30 July, 2008| massmedia |
Comments (0) @ 23:57
- Centrica operating profit falls but raises dividend
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LONDON (Reuters) - British Gas-owner Centrica said on Thursday its operating profit fell nearly 20 percent to 992 million pounds in the first half, but raised its dividend to 3.9 pence a share.
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Original Source: feeds.reuters.com
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30 July, 2008| massmedia |
Comments (0) @ 23:46
- BAT earnings up and says confident for future
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LONDON (Reuters) - British American Tobacco , the world’s second-biggest cigarette maker, posted a 16 percent rise in first-half earnings on Thursday and added it looked to the future with confidence.
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Original Source: feeds.reuters.com
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30 July, 2008| massmedia |
Comments (0) @ 23:45
- HBOS profits drop 51 pct after writedown
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LONDON (Reuters) - Home lender HBOS said first-half profits fell 51 percent from a year ago as it took a 1.1 billion pound hit from negative adjustments on securities impacted by the credit crunch.
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Original Source: feeds.reuters.com
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30 July, 2008| massmedia |
Comments (0) @ 23:38
- Prudential reports profit up thanks to Asian business
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LONDON (Reuters) - First-half results at Prudential came in just above forecasts on Thursday with a 7 percent rise in profit, helped by its Asian business, and the insurer said it was on track to double new business profit there this year.
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Original Source: feeds.reuters.com
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30 July, 2008| massmedia |
Comments (0) @ 23:29
- Carphone cuts broadband forecast and gives cautious outlook
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LONDON (Reuters) - Mobile phone retailer and telecoms group Carphone Warehouse cut its forecast for new broadband customers this year, and said it remained cautious about the outlook for consumer spending.
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Original Source: feeds.reuters.com
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30 July, 2008| massmedia |
Comments (0) @ 23:26
- Unilever confirms outlook as sales up
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LONDON (Reuters) - Food and consumer goods giant Unilever reported a 6.8 percent rise in second-quarter underlying sales on Thursday and confirmed its outlook to see growth ahead of its 3-5 percent target range.
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Original Source: feeds.reuters.com
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30 July, 2008| massmedia |
Comments (0) @ 23:23
- Miner Anglo profit up on higher output and prices
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LONDON (Reuters) - Miner Anglo American posted a 14 percent rise in first-half underlying profit on Thursday on higher output and prices, at the top end of estimates, and forecast a strong second half.
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Original Source: feeds.reuters.com
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30 July, 2008| massmedia |
Comments (0) @ 23:21
- House prices fall at fastest rate since ‘91
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LONDON (Reuters) - House prices fell 1.7 percent on the month in July and at the fastest annual rate since at least 1991, the Nationwide building society said on Thursday, in a further sign the housing market is cooling fast.
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Original Source: feeds.reuters.com
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30 July, 2008| massmedia |
Comments (0) @ 23:20
- Shell profits up on high oil prices
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LONDON (Reuters) - Royal Dutch Shell reported a 5 percent rise in second-quarter current cost of supply (CCS) net income to $7.9 billion (3.99 billion pounds) on the back of high oil prices.
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Original Source: feeds.reuters.com
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30 July, 2008| massmedia |
Comments (0) @ 23:18
- Carphone outlook cautious as cuts broadband forecast
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LONDON (Reuters) - Mobile phone retailer and telecoms group Carphone Warehouse cut its forecast for new broadband customers this year and said it remained cautious about the outlook for consumer spending.
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Original Source: feeds.reuters.com
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30 July, 2008| massmedia |
Comments (0) @ 23:16
- William Hill profits down 10 percent
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LONDON (Reuters) - Bookmaker William Hill reported a 10 percent decline in first half earnings on Thursday, in line with its expectations.
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Original Source: feeds.reuters.com
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30 July, 2008| massmedia |
Comments (0) @ 23:15
- BT earnings up as reiterates outlook
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LONDON (Reuters) - BT Group posted a first quarter rise in underlying core earnings of 1 percent on Thursday, just below forecasts, and said its full-year guidance remained unchanged.
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Original Source: feeds.reuters.com
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30 July, 2008| massmedia |
Comments (0) @ 23:13
- Turkey: A narrow scrape for democracy
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Turkey’s judiciary shrinks from banning the ruling partyBY THE slimmest of margins, Turkey has averted the worst political crisis in years, perhaps in decades. On Wednesday July 30th the country’s constitutional court turned down an attempt by state prosecutors to ban the ruling Justice and Development (AK) Party on the ground that it was seeking to introduce elements of Islamic law in defiance of the state’s avowed secularism.Six of the 11 constitutional court’s judges had, in fact, voted to shut down the party. But to pass such a measure required the support of seven judges, so the court settled on the minority view only to impose a fine. This is expected to be the loss of half of AK’s state funding, which amounted to 47 million Turkish lira ($40m) last year. ……
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30 July, 2008| massmedia |
Comments (0) @ 23:09
- Saskatchewan diary: Mine, field
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Riches above and below western CanadaTHE metal gates of the lift clang shut and with a gentle jolt we are on our way, down 1,000 metres to the floor of PotashCorp’s mine in Allan, Saskatchewan. Potash is a form of potassium chloride used as fertilizer. Its price has soared over the last year, helping to attract new workers and investment to this prairie province thought to be in long-term decline.Philipp Gauer, the mine’s general foreman, and the two other miners in the lift, wear dusty coveralls, work boots and lighted helmets. Each carries a canteen with enough water to last their 12-hour shift. In my blue paper coverall and white helmet, I look like a Smurf. ……
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30 July, 2008| massmedia |
Comments (0) @ 22:41
- Deutsche Bank’s writedowns swell
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FRANKFURT (Reuters) - Deutsche Bank made a further $3.6 billion (1.82 billion pounds) of writedowns in the second quarter of the year, taking its bill from the global financial crisis beyond $11 billion.
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Original Source: feeds.reuters.com
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30 July, 2008| massmedia |
Comments (0) @ 22:19
- GM seen cutting 5,000 white collar jobs by November 1
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BANGALORE (Reuters) - General Motors Corp said it will cut 5,000 North American white-collar jobs, by November 1, the Wall Street Journal reported on Thursday.
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Original Source: feeds.reuters.com
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30 July, 2008| massmedia |
Comments (0) @ 21:46
- Nikkei dragged down 0.6 pct by Komatsu and Denso
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TOKYO (Reuters) - The Nikkei average fell 0.6 percent on Thursday, dragged lower by Komatsu and Denso as investors punished companies with disappointing earnings which sparked concerns about the broader economic outlook.
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Original Source: feeds.reuters.com
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30 July, 2008| massmedia |
Comments (0) @ 21:41
- Pay deals slip to 3.5 percent in 3 months
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LONDON (Reuters) - Pay settlements eased to 3.5 percent in the three months to June from 3.6 percent in the three months to May, a report showed on Thursday, indicating that strong inflation is yet to drive wages markedly higher.
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Original Source: feeds.reuters.com
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30 July, 2008| massmedia |
Comments (0) @ 19:39
- Starbucks posts first loss
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LOS ANGELES (Reuters) - Starbucks posted its first quarterly loss as a public company on Wednesday and said its U.S. coffee chain would shrink in the year ahead, but investors stunned by months of uncertainty sent shares up 4 percent as it stuck by its profit target for 2009.
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Original Source: feeds.reuters.com
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30 July, 2008| massmedia |
Comments (0) @ 18:41