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Royal Bank of Scotland Group PLC, the U.K. financial-services group, swung to a fourth-quarter loss from a year-earlier profit on 17% lower revenue. The loss was £1.8 billion compared with profit of £12 million in the year-earlier quarter.
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TNT Express NV will focus on its European business, it announced Tuesday, in a move that came shortly after United Parcel Service Inc. (UPS) launched a takeover offer for the Dutch company. TNT said it would seek partnerships for its loss-making
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Texas Amusement-park operator Six Flags Entertainment Corp.'s fourth-quarter loss worsened from last year, partly because of higher costs. But the company boosted revenue as more customers visited its parks, and sales widely beat analysts'
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Topics A Sony Ericsson logo on a smartphone is pictured at a mobile phone shop in Tokyo October 7, 2011. Mobile phone maker Sony Ericsson will deliver its final quarterly report as a joint venture on Thursday, before pinning its hopes on the consumer
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Exxon Mobil Corp. spent $3.21 million in the third quarter to lobby the federal government on offshore oil drilling and other issues, according to a disclosure report. That's down from the $4.12 million that the world's largest publicly traded oil
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The Wendy's Co. says its third-quarter loss widened as the fast-food company faced higher beef prices and costs related to selling its Arby's franchise...Restaurant companies are facing higher costs for ingredients and consumers continuing to be
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Ill. (AP) — Sara Lee Corp. reported a fiscal first-quarter loss Thursday as the food and beverage company coped with higher commodity costs and some charges, but its adjusted results topped Wall Street's expectations. The Downers
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Credit Suisse Group, down $2.26 at $26. The Swiss bank said it will cut 1,500 jobs globally and reorganize its securities unit after posting weak third-quarter profits. Boeing Co., down $2.62 at $63.17
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The bank said today that it lost $3.5 million in the quarter ended Sept. 30, compared with a loss of $1.4 million in last year's third quarter. PremierWest had a substantial loan loss provision burden of $5.1 million in the most recent quarter. James
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AB&T Financial Corp. had reported a loss of $100,000 in the same period last year. Allowances for loan losses increased by $1.1 million year to date, and losses relating to real estate sales grew $300,000...Net interest income increased nearly 25
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