Fraport Q3 net profit falls 55 percent
German airport operator Fraport AG said Thursday its net profit fell 55 percent in the third quarter as revenue and passenger levels dropped amid the economic downturn. Fraport, based in Frankfurt, said net income for the July-September period fell to euro56 million ($83 million) from euro124 million...
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News Stories
- News Source: Sydney Morning Herald | 21 days agoThe eurozone's largest banking group said in a statement that it earned a net profit of euro 1.3 billion ($A2.12 billion) in the July to September quarter compared with euro 901 million ($A1.47 billion) a year earlier...BNP Paribas took advantage of...
- News Source: International Herald Tribune | 21 days agoThe earnings of two European banks, BNP Paribas and Commerzbank, painted a stark contrast between the winners and losers of the financial crisis a little over a year after Lehman Brothers fell. The largest French bank, BNP Paribas, said Thursday that...
- News Source: Channel NewsAsia | 21 days agoThe second biggest German bank, Commerzbank, said Thursday that its operating profit climbed in the third quarter of 2009 but confirmed a heavy net loss owing to restructuring costs and writedowns. Operating profit reached 120 million euros (178...
- News Source: The Boston Globe | 21 days agoGerman airport operator Fraport AG said Thursday its net profit fell 55 percent in the third quarter as revenue and passenger levels dropped amid the economic downturn. Fraport, based in Frankfurt, said net income for the July-September period fell...
- News Source: The Boston Globe | 21 days agoPlease try again, or click here to retrieve your password. Existing users
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- Blog Source: www.sfexaminer.comGermany's Commerzbank AG has confirmed that its net loss widened in the third quarter as it continues to restructure in the wake of the financial crisis.
- Blog Source: www.washingtonexaminer.comGermany's Commerzbank AG on Thursday confirmed its net loss widened in the third quarter due to higher provisions for bad loans and as it continued to restructure in the wake of the financial crisis.
- Blog Source: www.bankingtimes.co.ukCommerzbank has released its financial results for the third quarter of the year. The German bank saw its operating profits rise by €345m from the previous quarter to €122m. However, it incurred a net loss of just over €1bn, ...
- Blog Source: www.korabliov.netCommerzbank had released rounded key third-quarter results Monday night in order to dispel analyst expectations that it would post an operating loss as well as a net loss for the quarter. The bank booked an operating profit of EUR122 ...
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