News Source: Fox News
| about 1 month ago
German carmaker BMW said Tuesday its third-quarter net profit dropped 74% to 78 million euros ($115 million) from the same period a year ago...BMW said "it cannot be assumed that an enduring recovery has taken hold." The carmaker expects the number...
News Source: Xtra News
| about 1 month ago
Germany's second biggest bank, Commerzbank , posted a net third- quarter loss Monday of 1.05 billion euros (1.56 billion dollars) due to group restructuring costs and writedowns. The bank, which was part nationalised because of the financial crisis...
News Source: BBC
| about 1 month ago
The bank made a net loss of 1.1bn euros ($1.6bn; £994m) in the three months to the end of September, much higher than analysts' expectations of 696m euros. The firm's operating profit for the third quarter period came to 120m euros, compared with an...
News Source: Dutch News
| about 1 month ago
It is the fifth quarterly earnings decline in a row for TNT, but above analysts forecasts. Turnover was down 7.6% at €2.48bn. 'TNT is optimally positioned to take advantage of a possible economic upturn but also needs to be prepared for continued...
News Source: BBC
| about 1 month ago
Net profit for the three months to the end of September came in at 99m euros ($146m; £89m), which was down 12% from the same period the previous year. But it said conditions were starting to stabilise, and that the rate of decline in business...
News Source: Fox News
| about 1 month ago
Dutch international express mail service TNT said Monday its third-quarter net profit fell 12.4% to 99 million euros ($146 million) from the same period a year ago...TNT said revenue from its Express division in 2009 is expected to be down compared...