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Vattenfall Loss Poses Risk to Swedish Government Income Forecast

2014-10-31 06:13:15| Appliances - Topix.net

Sweden's government warned that an unexpected third-quarter loss at state-owned utility Vattenfall AB poses a risk to its forecasts for public finances. The government expected dividend payments from Vattenfall for the financial year 2014 to be made in 2015, Per Oestensson, a senior adviser at the Finance Ministry in Stockholm, said in a telephone interview today.

Tags: government loss risk income

 

Stockmann to cut jobs as it reveals Q2 loss

2014-10-30 12:55:00| Daily apparel & textile news and comment - from just-style.com

Finnish department store retailer Stockmann Group is to cut around 380 jobs at its Seppala fashion chain, as it looks to ramp up efforts to improve group profitability.

Tags: jobs loss cut reveals

 
 

Deutsche Bank in 92m-euro loss

2014-10-29 08:26:54| BBC News | Business | UK Edition

Deutsche Bank swings to a loss in the third quarter because of higher legal costs to settle investigations.

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U.S. Steel Loss Narrows in the Third Quarter

2014-10-29 01:28:50| Steel - Topix.net

United States Steel Corp reported a narrower third-quarter loss on Tuesday, citing strong demand from the auto, construction and appliance industries and lower energy costs. But plant shutdowns and maintenance costs, as well as the company's ongoing restructuring, continued to weigh on its financial performance.

Tags: third loss steel quarter

 

S&P 500 ends with slight loss on oil, Europe woes

2014-10-28 09:12:30| Semiconductors - Topix.net

The Dow Jones Industrial Average rose 12.53 points to 16,817.94. The Nasdaq Composite Index was up 2.22 points to 4,485.93 and the Standard & Poor's 500 index slipped 2.95 points to 1,961.63.

Tags: europe loss oil ends

 

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