United Kingdom | Wednesday, 3 December 2008

Loss Articles

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31. Logica axe 1,300 jobs
Logica Plc, the IT services company said that it would be axing around 1,300 jobs in a £110 million restructuring programme. The company said it expected the restructuring to deliver cost savings reaching an annualised amount of £80 million from 2010.
22 Apr 2008
32. UBS report blames lax controls for credit losses
Poor risk control and a narrow focus on revenue growth at UBS AG's investment bank helped cause huge credit losses, UBS said on Monday, as it prepares to meet restive shareholders this week.
21 Apr 2008
33. Blood pressure drug reduces bone density in study
Powerful diuretics used to control blood pressure can also steal calcium from the bones and cause significant bone loss in men who take them, researchers reported on Monday.
14 Apr 2008
34. Credit crunch spells 20,000 City job losses
Almost 20,000 City jobs will be lost this year and next as the credit crunch takes its toll, a leading economics think-tank says.
14 Apr 2008
35. HSBC losses data of 370,000 customers
HSBC admitted on Monday that it had lost a computer disc with the personal details of 370,000 of its customers.
07 Apr 2008
36. US economy loses 80,000 jobs in March
The US Labor Department has released figures showing that 80,000 jobs were lost in March of this year, the third monthly drop in a row.
31 Mar 2008
37. Tottenham profits down after manager change
Premier League side Tottenham Hotspur has said that its profits fell in the second half of 2007. The side said that its profits before transfers as of 31 December 2007 were £9.9 million, down 30 per cent from £14.2 million in 2006.
25 Mar 2008
38. CLS makes loss thanks to sub-prime
CLS Holdings has reported a pre-tax loss of £72.6 million for the full year 2007. The results stand in contrast to the £176.6 million pre-tax profit the company made in 2006.
25 Mar 2008
39. Uniq losses reduced in 2007
Chilled convenience food group Uniq Plc has reported a drop in its operating loss for the full year 2007. The company said in its preliminary results that its operating loss had dropped from £7.3 million down to £3.6 million.
25 Mar 2008
40. SocGen posts record Q4 loss after trading hit
Societe Generale confirmed a record fourth-quarter loss after absorbing the world's biggest rogue trading scandal which has made France's second-biggest listed bank a potential takeover target.
21 Feb 2008
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