News tagged with “profits halved”. Found:
5 tagged news reports.
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BP profits hit by lower oil price
London :: United Kingdom | about 1 month ago
Credibility
Its replacement cost profit between July and September was $4.98bn (£3bn), down from $10bn a year earlier. However, the results were ahead of analysts' expectations and profits were much higher than the $3.14bn BP made in the second quarter of 2009. Although...
Tags: oil price, cut target, bp profits, oil giant, quarter profits, profits halved
BP profits take a fall
Washington :: DC :: USA | 4 months ago
Credibility OIL firm BP announced a 53% slump in profits today, but the company said it continued to steer "a steady course through choppy waters". The haul of 3.14 billion US dollars (£1.9 billion) between April and June was well down on the 6.75 billion US dollars...
Tags: oil price, oil company, bp profits, net profits, BP PLC, largest oil, TNK-BP, Europe, profits halved
Insurance giant in profit slump
London :: United Kingdom | 8 months ago
Credibility Lloyd's saw pre-tax profits slide 50.6% to £1.89bn ($2.7bn) for the year, from £3.84bn for 2007. The market has been hit by "significant claims from natural catastrophes, lower insurance rates and a reduction in investment income", said the firm. Lloyd's...
Tags: Lloyd's of London 2008, Lloyds, profits halved, billion pounds, investment returns, pretax profits, insurers market, financial market
Rentokil scraps dividend as profits plunge
London :: United Kingdom | 9 months ago
Credibility Rentokil Initial, the UK's leading pest-controller, said today that it will scrap its dividend to preserve cash as pre-tax profits last year plunged almost 84 per cent from £142 million to £22.8 million. Alan Brown, the chief executive, who was brought...
Tags: Rentokil Initial, Rentokil's City Link, profits halved, preserve cash, tax profits
Bradford & Bingley profits halve after bad debts soar
Bingley :: United Kingdom | about 1 year ago
Credibility From Times Online February 13, 2008 Bradford & Bingley profits halve after bad debts soar Angela Jameson Bradford & Bingley, the UK's biggest buy-to-let lender, has seen mortgage arrears leap by 42 per cent in 2007 and bad debts treble as more and
Tags: Lender Bradford & Bingley, 2008 Bradford & Bingley, bingley profits, bad debts, profits halved, Bradford & Bingley, mortgage lender
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