OM Gruppen's pretax profit climbs 9.8%

Article Abstract:

OM Gruppen AB reported an improvement of 9.8% in pretax profits for the first half of 1999. OM is a financial exchange operator based in Sweden. The company posted 268 million Swedish kronor (30.7 million euros) in pretax profits for the period. During the same period in 1998, OM reported 244 million kronor. OM reported a 20% rise in its consolidated sales to 928 million kronor.

Comment:

Reports improvement of 9.8% in pretax profits for first half of 1999

Sweden, Abstract, OM Gruppen AB

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American Express announces up to 6,500 further job cuts

Article Abstract:

American Express Co. is planning to layoff an additional 5,500 to 6,500 workers and take a restructuring charge. The charge will amount to $240 million to $280 million.

Labor force information, Human resource management, American Express Co., AXP

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Citigroup net falls 8.2% but tops expectations

Article Abstract:

Citigroup Inc. posted a drop of 8.2% in its net income for the 2001 first-quarter. The company posted $3.54 billion in net income for the period.

Citigroup Inc. (New York, New York), C

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