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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.
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
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'
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
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
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
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
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
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
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