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Cost cuts lift First Active's net

Article Abstract:

First Active PLC posted higher net profits of 27.9 million euros for the 2003 first half. The company, helped by its cost-cutting measures, posted 25.9 million euros in the same 2002 period.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003

Ireland, First Active PLC

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Freddie Mac may restate profit

Article Abstract:

Freddie Mac may have to restate its earnings for the past two or three years due to US government scrutiny. The mortgage company may have to restate earnings by $1-3 billion.

Author: McKinnon, John D., Barta, Patrick

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003

United States, Federal Home Loan Mortgage Corp., FRE

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Subjects list: Finance, Company sales and earnings, Company earnings/profit, Mortgage banks

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