Alliance and Leicester secures funding despite write-down
Article Abstract:
Annual 2007 operating profit for UK mortgage firm Alliance and Leicester PLC will be lower from 2006 due primarily to a write-down connected to the current credit crisis. The write-down totals 185 mil pounds sterling, over three times the initial 55 mil pounds sterling predicted in November 2007. However, the firm announced it has obtained sufficient funding to cover 2008.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
User Contributions:
Comment about this article or add new information about this topic:
VW's net jumps as demand surges
Article Abstract:
Third-quarter net profit for Volkswagen AG rose to $1.36 bil, with revenue increasing by 3.8%. Eastern and Central European deliveries increased 20%, while deliveries to China increased 30%.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Russian steelmaker Evraz buys assets of SSAB unit Ipsco. Severstal net profit doubles on Russia's demand for steel
- Abstracts: Segro sets sale of U.S. unit. RBS's net rises 22%, despite write-downs
- Abstracts: In France, Airbus takes center stage. EADS swings to a net loss, hurt by Airbus restructuring. Challenge arises for Airbus over how to prevent yawns from greeting a giant jet
- Abstracts: Global calculations. Frito Lay is sizzling in new ads. Buzzwords reach critical mass
- Abstracts: More queries, few answers in SocGen case: another staffer probed to see if Kerviel had aid; subprime lawsuit filed