Profits plunge
June 29th, 2008
Profits plunge
Morgan Stanley Profit Plunges, Despite Asset Sale - Earnings * US ...
Morgan Stanley said quarterly earnings plunged 56 percent on trading losses and slowdown in investment banking, despite $1.43 billion of pretax gains from asset sales. (more...)
Lenovo profit plunges
CEO Amelio: Lenovo looking for efficiencies BEIJING - Lenovo's quarterly profit dived 78 percent as the global economic slowdown battered sales, and the company, the world's fourth ... (more...)
Macquarie's profit plunges
Profit fall ... Macquarie chief executive Nicholas Moore has announced a 43 per cent fall in half year profit. Half year net profit fell to $604m Down from $1bn the previous year ... (more...)
Topps' profits plunge 27%
The abrupt fall in the number of people moving house and the decline in consumer confidence have dealt a double blow to tiles specialist Topps Tiles. Like-for-like sales at the 320 ... (more...)
STARBUCKS QUARTERLY PROFIT PLUNGES 97 PERCENT
Fewer U.S. customers and venti-sized costs for closing poorly performing stores led to lower sales and profit in the fourth quarter at Starbucks Corp., the company said Monday ... (more...)
Profits plunge 23 percent at Atlantic City casinos
In yet another measure of how mightily Atlantic City's 11 casinos are struggling this year, gross operating profits at the gambling halls fell by nearly 23 percent in the third ... (more...)
Profits plunge at British Airways
BA said that its fuel costs were 52% higher than a year ago, although it said it was well placed to benefit from the current fall in fuel prices. Aviation fuel prices move in ... (more...)
Profits plunge 43% at Australian bank
Macquarie Group ?s 14 years of continuous profits growth is likely to end this year after Australia?s largest investment bank reported a 43 per cent drop in opening half ... (more...)
Profits plunge at British Airways
The airline said it would reduce its number of flights by about 1% in 2009 in anticipation of less demand from travellers. The reduction includes the suspension of services from ... (more...)
Whole Foods 4Q profit plunges on Wild Oats costs
Whole Foods 4Q profit plunges on Wild Oats costs ... Hormel earnings drop sharply in Q4; Hormel hands out annual profit sharing; Area housing market slips as prices drop 14% over ... (more...)