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FTSE 100 falls as Lloyds and Shell shares hit

2016-07-28 09:54:52| BBC News | Business | UK Edition

The FTSE 100 drops in early trade, as investors digest a raft of results from some of the UK's biggest companies.

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Electrician Falls to Death in Florida

2016-07-27 23:58:00| Electrical Construction & Maintenance

An employee of Kinder-Morgan died last week in an industrial accident at the Port of Fernandina Beach, Fla. read more

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BP's underlying replacement cost profit for Q2 2016 falls to $720m

2016-07-27 01:00:00| Offshore Technology

BP has reported that underlying replacement cost profits for the second quarter of this year fell to $720m, down 44% from $1.3bn a year ago.

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Verizon profit falls sharply after strike, mobile slowdown

2016-07-26 14:40:00| Telecompaper Headlines

(Telecompaper) Verizon reported a drop in second-quarter sales and profits, hurt by a seven-week strike during the period and the slowdown in growth at its mobile activities. Operating revenues of USD 30.5 billion were down 5.3 percent from a year earlier, or 3.5 percent lower after adjusting for the acquisition of AOL and sale of some local landline businesses. Operating profit tumbled 41.8 percent to USD 4.6 billion, after a sharp rise in SG&A costs. Net profit was down 80.9 percent to USD 831 million, after a gain from selling the landline activities, pension charge adjustments and costs for retiring around USD 10 billion in debt during the period. On an adjusted basis, earnings fell to USD 0.94 per share from USD 1.04, with an estimated impact of 7 cents a share from the strike.

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Desktop banking use falls, as users switch to apps

2016-07-22 01:00:58| BBC News | Business | UK Edition

The use of internet banking on a computer has fallen for the first time, as users switch to mobile apps, according to the banking industry.

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