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Yahoo see profits fall by 5%

25/01/2012

The last quarter of 2011 saw Yahoo's profits fall 5% as they struggled to maintain their market share due to growing competition.


 

Record profits for Apple as iPhone sales soar

25/01/2012

Technology giants Apple have reported record-breaking net profits for the final three months of 2011 of $13.06 billion (£8.36 billion).


 

Lords again ponder financial transaction tax

24/01/2012

The House of Lords is today continuing its inquiry into a financial transaction tax (FTT) which could either boost financial stability and generate billions for the treasury, or alternately destroy London and plunge Europe into a bottomless recession.


 

David Miles re-appointed to Monetary Policy Committee

24/01/2012

The Chancellor, George Osborne today (Tuesday) announced the re-appointment of David Miles as an external member of the Monetary Policy Committee (MPC).


 

Eurozone crisis: Deal must be struck to steady the markets

24/01/2012

Today (Tuesday) the European Union finance ministers recommenced their meeting, which started yesterday to discuss the strong apprehension brewing in regards to the proposed deal to restructure Greek private sector debt.


 

Chemring shares dip despite 2011 revenue surge

24/01/2012

Shares in UK defence group, Chemring (LSE: CHG) dipped 11.83% this morning (24th) despite announcing a 25% surge in revenue over 2011.


 

Hawkin's Bazaar sold in management buy-out

24/01/2012

One month after going into administration toy and novelty gift shop Hawkin's Bazaar has been sold in a management buy-out.


 

The well runs dry for Petroplus as they file for insolvency

24/01/2012

Petroplus, the Swiss oil refiner, have announced they will file for insolvency having failed to extend the deadlines for their loan repayments with their creditors.


 

Pre-pay phone dip doesn't harm Carphone Warehouse profits

24/01/2012

The UK pre-pay mobile phone market dropped by between 35-40% in the final quarter of 2011, according to Carphone Warehouse.


 

Drop in total private shareholdings as eurozone turmoil erodes confidence

23/01/2012

Private investors have seen £24bn wiped off their holdings since their values peaked in May, Capita Registrarsí latest figures show.