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Gap restructuring weighs on Q2 as profit falls 34%
2015-08-21 13:23:00| Daily apparel & textile news and comment - from just-style.com
Gap Inc remains a group of "mixed fortunes", according to one analyst, after the US retail giant reported a double-digit decline in second-quarter net profit, but said it remains confident of improved business performance.
Tags: falls
profit
gap
restructuring
Resource sector weighs on the ASX
2015-08-14 11:28:35| Oil & Gas - Topix.net
The Australian share market is flat at noon as the resource and energy sectors deal with falling commodity prices and residual uncertainty about the Chinese yuan. Drops in the price of oil pushed the energy sector into the red with Woodside, Santos, Oil Search and Origin Energy all sliding lower.
Tags: resource
sector
weighs
asx
Telecom Italia weighs reorganization of business unit -Bloomberg
2015-08-05 06:12:29| Telecom - Topix.net
REUTERS: Italy's Telecom Italia SpA is considering merging its OpenAccess business unit that leases its landline network to rivals with its wholesale business to avoid antitrust charges of as much as 4 billion euros , Bloomberg reported on Tuesday. The reorganization plan will be reviewed by the board on Thursday, Bloomberg reported, citing people familiar with the matter.
Tags: business
unit
italia
telecom
Standard Life weighs on FTSE 100
2015-08-04 10:32:36| BBC News | Business | UK Edition
The FTSE 100 falls, with shares in Standard Life lower after it says its annuities business has suffered from recent pension reforms.
Tags: life
standard
weighs
ftse
Wall Street ends lower as weak oil weighs
2015-08-01 03:09:51| Chemicals - Topix.net
Wall Street ended the week on a sour note as a drop in energy stocks eclipsed wage data that supported expectations that the US Federal Reserve might hold off on moving interest rates. Exxon Mobil shares dropped 4.58 percent while Chevron lost 4.89 percent after reporting poor quarterly earnings due to weak oil prices.
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