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Warren Calls Out Blackstone for Shameless Profits from Housing

2019-11-18 21:08:00| National Real Estate Investor

Elizabeth Warren criticizes Blackstone for buying up foreclosed multifamily buildings and single-family homes after the housing crisis.

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Sainsbury's profits sink on store closure costs

2019-11-07 08:50:47| BBC News | Business | UK Edition

A reorganisation of the supermarket's stores has all but wiped out half-year profits.

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M&S clothing woes continue to weigh on profits

2019-11-06 11:53:00| Daily apparel & textile news and comment - from just-style.com

Shares in Marks & Spencer Group (M&S) remained up by more than 3.5% today (6 November) as the retailer said it is "making up for lost time" in its clothing and home business despite a fall in the segment's sales in the first half of its financial year.

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M&S profits drop after weak demand for its clothes

2019-11-06 08:43:14| BBC News | Business | UK Edition

The struggling High Street retailer saw profits fall 17% following a sharp drop in clothing sales.

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Telefonica profits fall on restructuring costs, revenue still up 1.7%

2019-11-05 08:49:00| Telecompaper Headlines

(Telecompaper) Telefonica saw its revenue growth strengthen to 1.7 percent in the third quarter to EUR 11.9 billion, thanks to improved sales in Spain and Brazil and solid growth in the UK and Germany. However, the company's net result moved to a loss of EUR 443 million, due to restructuring charges of EUR 1.88 billion, mainly in Spain. 

Tags: up fall costs revenue

 

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