Results for "loss"
NEW YORK (Reuters) - Fannie Mae on Friday posted a much larger-than-expected second-quarter loss and slashed its dividend more than 85 percent to preserve capital as home loan defaults accelerated in the bleakest U.S. housing market since the Great ...
A chastened Royal Bank of Scotland today posted a loss of £691m - its first in four decades - after writing off almost £6bn because of the credit crunch . Sir Fred Goodwin, chief executive of RBS, admitted that the performance during the first half ...
WASHINGTON - Adult stem cell company Osiris Therapeutics Inc. reported yesterday a 47 percent increase in its net loss for the quarter ending June 30 compared with a year ago. The Columbia drugmaker lost $15.4 million, or 48 cents per share, compared ...
LONDON (Reuters) - Royal Bank of Scotland fell to a first-half loss of 691 million pounds, one of the biggest losses in UK corporate history but not as bad as expected, after taking a 5.9 billion writedown on the value of risky assets. RBS, Britain's ...
RBS had been expected to post a much larger loss with some analysts predicting the UK's second-biggest bank could see a loss of between £1.2bn and £1.7bn. Even so, chief executive Mr Goodwin said the losses had been a "chastening experience", and ...
Royal Bank of Scotland unveiled its first loss in 40 years as a public company after suffering writedowns of £5.9 million. The group reported statutory pre-tax losses of £692 million for the six months to June 30 - which compares with profits of ...
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NEW YORK - A few years from now, the world's largest insurer might not be so large. Embattled American International Group Inc. , in an effort to become profitable again, appears to be leaning toward shrinking - a similar strategy to that taken by ...
The Warner Music Group, whose artists include Katy Perry and Madonna, reported narrower losses in the third quarter on Thursday as growth in Europe helped offset a slowdown in global music sales. Online sales continued to rise as the company sought ...
Media General Inc., the parent company of the Richmond Times-Dispatch, said yesterday that it took noncash charges that resulted in a $532 million second-quarter loss. The Richmond-based company said in July that it would take noncash, after-tax ...