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Argos chief John Walden could close stores in 'radical overhaul'
Árgos :: Greece | 1 year ago
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Tuesday May 01 2012 THE new chief executive of Argos, John Walden, has drafted in consultants to conduct a radical overhaul of the struggling retailer. Mr Walden, who joined Argos nine weeks ago, has hired OC&C Strategy Consultants to help him turn
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BP Profits Fall on Lower Production Following Gulf of Mexico Oil Spill
Justice :: IL :: USA | 1 year ago
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BP reported a larger-than-expected drop in first quarter profit as production fell after it was forced to sell oil fields in order to pay for the Gulf of Mexico oil spill. Net income at Europe's second-largest oil major fell to $5.9bn in the first
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BP Q1 profits down as downstream unit struggles
Taipei :: Taiwan | 1 year ago
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BP PLC says first-quarter net profit was down 18 percent largely due to a big drop in returns from its downstream business selling fuels, lubricants and fertilizer. For the three months ending March 31, BP said Tuesday that its net profit was $5.9
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Lawyers in Alaska try to ignite BP case
Anchorage :: AK :: USA | 1 year ago
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Lawyers in Alaska are wrangling over the possibility of continuing a shareholder lawsuit against executives of oil giant BP, court papers show. The case is known as a "shareholder derivative" action, because shareholders filed the case on behalf of
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BP Set to Restructure Business Portfolios, Expects High Margin Production Ahead
Mexico City :: Mexico | 1 year ago
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British Petroleum Plc expects to divest assets of $38 billion by the end of 2013, of which divestment of assets worth $23 billion (approx.) has already been announced by the group including the latest being the sale of southern gas assets (SGA) in
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BP $7.8 Billion Settlement Days Away From Preliminary Approval, U.S. Judge Says
Jacksonville :: FL :: USA | 1 year ago
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Articles The settlement provides $2.3 billion for the Gulf seafood industry, $105 million to cover medical care costs and $57 million to fund a tourism advertising campaign for the Gulf region, reported the Wall Street Journal. BP and the plaintiffs
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Husky Energy Inc. reports $591-million first-quarter profit
Calgary :: Canada | 1 year ago
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Video That compared with $626-million or 70 cents per share in the prior-year period when the company recorded an after-tax gain of $143-million on the sale of non-core assets Excluding the after-tax gain and related taxes, net earnings increased 22
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BP's Spill Settlement Set to Clear a Hurdle
New Orleans :: LA :: USA | 1 year ago
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A federal judge said he is likely to give preliminary approval to BP PLC's proposed multibillion-dollar settlement with Gulf Coast residents and businesses harmed by the 2010 Deepwater Horizon oil spill. Judge Carl Barbier said in a hearing in New
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BP sponsorship of World Shakespeare Festival draws protest
London :: CA :: USA | 1 year ago
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Select a date range Create a custom date range From: To: April 25, 2012 , 7:57 a.m. BP 's financial sponsorship of a cultural institution is once again provoking heated words in the arts community. This time, the World Shakespeare Festival has become
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Sir Stuart Rose: 'They say we can't afford to retire, and I don't want to'
Stratford :: CT :: USA | 1 year ago
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I'm not ruling it out; I could still buy a business.' Photograph: Bloomberg via Getty Images Sir Stuart Rose may use part of the £34m fortune he amassed during a career running Arcadia and Marks & Spencer to "buy a business" and is plotting a return
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