Australia's biggest bank reports 20 percent profit slump
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National Australia Bank ended a tumultuous year by reporting a 19.7 percent drop in net profit in the aftermath of a foreign exchange trading scandal that rocked the country's biggest lender.
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Macquarie Bank Ltd. (MBL.AX: Quote, Profile, Research) , Australia&#39;s largest investment bank, beat expectations with a 17 percent rise in first-half profit on
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M&T Bank Corp , the first large  U.S. bank to report fourth-quarter results, said on Monday that  profit fell, hurt by turmoil in residential real estate  markets.
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Australian &amp; New Zealand Banking Group Ltd. Tuesday reported a 20 percent increase in net profit to 2.82 billion Australian dollars (US$2.
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JJB Sports has warned that full-year profits will come in around 20 percent lower as a dismal summer and tough competition hit sales of T-shirts and shorts, sending its shares 19 percent lower.
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U.S. Bancorp , the sixth-largest U.S. bank, on Tuesday said fourth-quarter profit fell 21 percent, hurt by losses from loans and money market mutual funds, and a legal settlement.
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At the US-based Fox Entertainment Group, first-quarter profits fell 20 percent to US$320 million, or 33 cents per share, from $401 million, or 45 cents per share, last year.
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Lehman Brothers, the first of the big US investment banks to report results, unveils a dip in quarterly profits.
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Bank of America Corp, the second-largest U.S. bank, posted a much larger-than-expected 32 percent drop in quarterly profit on Thursday, hurt by mounting credit losses and dismal investment banking results.
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Aug. 19 (Bloomberg) -- Shares of JJB Sports Plc, Britain&#39;s largest sporting-goods retailer, had their biggest decline in at least two years after the company said profit this fiscal year may be about 20 percent less than forecast amid declining sales.
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The bank said its fourth-quarter earnings fell sharply,  to $268 million from $5.26 billion a year earlier, hurt by mounting credit losses and weak investment banking results.
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Analysts were last night downgrading forecasts for ANZ after a disappointing outlook took the shine off the bank&#39;s record $2.82 billion annual profit.
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BHP Billiton, the world's largest miner, posted first-half net profits of 6.017 billion dollars Wednesday, down 2.4 percent.
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M&T Bank Corp , the first large U.S. bank to report fourth-quarter results, said on Monday that profit fell, hurt by turmoil in residential real estate markets.
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ABN Amro, the Netherlands' largest bank, is cutting 2,850 jobs as a result of falling profits.
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The Campbell Soup Company said yesterday that fourth-quarter profit declined 20 percent, the biggest drop in more than two years, as costs for marketing and job cuts rose.
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SYDNEY: Australia&#39;s largest investment bank Macquarie Bank Ltd. announced a record first-half profit of 284 million Australian dollars (219 million US), and said its full-year result was also likely to be up.