Black &#39;lined pockets with 95pc of firm&#39;s profit&#39;
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Conrad Black, the former chairman of the Telegraph Group, used his American publishing company as a &quot;piggy bank&quot; to fund the personal life of himself and his wife, Barbara Amiel, it was alleged yesterday.
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NEW YORK - Conrad Black, the former CEO of Hollinger International Inc., conspired with associates to systematically loot the newspaper publishing company of more than $400 million - nearly all of its profits from 1997 through 2003, an internal investigation found.    The report, which was filed with the Securities and Exchange Commission on Tuesday, was prepared by a special committee of Hollinger's board which was formed last year to examine concerns from shareholders about payments made to Black and others...
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NYSE Group Inc. , which owns the New York Stock Exchange, said on Friday it posted a profit from a loss a year earlier, when results were hit by a series of one-off expenses related to the acquisition of Archipelago.
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Press tycoon Conrad M. Black and other top Hollinger International Inc. officials pocketed more than $400 million in company money over seven years and Black's handpicked board of directors passively approved many of the transactions, a company investigation concluded.
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The Royal Bank of Scotland (RBS) reports a pre-tax profit of Â£9.2bn for 2006 - 11% up on the previous year.
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BRAMBLES&#39; decision to overhaul its troubled Chep pallet business has paid off in spades by doubling second-half profit. Brambles posted an after-tax result of $168 million for the June half, up from $82 million for the same period last year.
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The company, which makes products ranging from automotive coatings to genetically modified seeds, said it expected 2007 earnings to be at the upper end of its previously announced range of $3.15 to $3.20 a share.
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Anglo-Dutch oil group Royal Dutch Shell has posted record annual net profit of 25.44 billion dollars (19.54 billion euros) but saw output falter due partly to production problems in Nigeria.
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Energy giant Shell announces an annual profit of Â£9.32bn - a record for a UK-listed company.
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Conrad Black and other controlling shareholders of Hollinger used $400 million for personal perks, a new report says.
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Britain's BT Group Plc  posted third-quarter core earnings in line with forecasts on Thursday and issued a strong outlook amid a better-than-expected broadband performance, helping its shares touch five-year highs.
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Reuters Group Plc RTR.L posted better  than expected full-year profits on Wednesday thanks to  disposals, cost cutting, improving sales and a return to profit  at electronic trading unit Instinet, which it may sell.
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Finnair said it had swung into profit of 7.5 million euros (9.3 million dollars) in the second quarter but would post a full-year operating loss due to rising fuel costs.
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Levi Strauss &amp; Co, the US jeanswear group, has reported a net profit for the third quarter on the back of improved gross profit and lower expenses.
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The Internet search giant posted profit of $1.07 billion, fueled by strong performance in its search and advertising business.
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Debenhams reports better-than-expected Christmas trading, but Blacks Leisure warns on profits.
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The clothing retailer's profits take a hit on weather woes and bigger-than-expected markdowns