BSkyB sees interim net profits slide
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Satellite broadcaster BSkyB has posted a drop in first-half profits owing partly to set-up costs for its new broadband Internet service.
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NEW YORK (CBS.MW) -- Limited Brands&#39; third-quarter net income fell on a series of accounting adjustments made to both years&#39; periods, the company said Thursday.
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Annual profits at broadcaster ITV fall  as a result of a continuing decline in advertising revenues.
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Supermarket group Morrisons announces a fall in half-year profits, dragged down by losses across its recently acquired Safeway stores.
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PROFITS at BSkyB fell 19% in the half-year to Christmas as it spent extra on its move into broadband internet.
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Business & money: Competition Commission recommends that BSkyB be forced to sell down its 17.9% to under 7.5%
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British bank Alliance & Leicester   warned that higher funding costs will significantly  hurt its margins next year as it reported a 30 percent drop in  annual profits after a big writedown, hitting its shares.
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The newspaper publisher and television station operator said  third-quarter profit fell to $2.5 million as ad revenue slumped.
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Japan's top mobile phone operator NTT DoCoMo said its interim sales and profits fell due to stiff competition but forecast higher profitability in the full year.
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Stronger-than-expected subscriber growth has driven increased first-quarter profits at BSkyB, the satellite broadcaster said today as it prepared to ask shareholders to approve a stock-buyback deal.
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Compass Group saw its share price slump by almost 25 percent after the British catering group warned future annual profits would be reduced by 30 million pounds (43.9 million euros, 53.5 million dollars).
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Toll Brothers said its first-quarter profit fell 67 percent as a result of lower sales, write-downs and other costs.
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BSkyB warns that its operating profit could be hit by up to Â£20m if it fails to reach a broadcasting deal with Virgin Media.
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Fourth-quarter profit fell 8 percent on declining advertising sales at the companyâs newspapers and television stations.
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LONDON : British satellite broadcaster BSkyB said profit rose by 16 percent in the first quarter as the group enjoyed strong subscriber growth in the run-up to the key Christmas trading period.
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British Airways has said that third-quarter net profits sank 12.0 percent and revealed it would lose 80 million pounds from a cancelled cabin crew strike earlier this week.
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Gloom over the British economy spread on Monday as the Confederation of British Industry slashed its growth forecasts and more evidence emerged of falling house prices.