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Societe Generale in 25% profit jump

Societe Generale is up 8 percent after beating analysts expectations to report a second-quarter net income of €1.35bn and revenue of €6.87bn. Its global markets and investor...

Standard Chartered halve dividend after profit drop

Standard Chartered (LON:STAN) reported its first half results this morning, announcing an overall fall in pre-tax profits and a decision to halve its dividend. Cheif...
german

BMW express concern over Chinese market

BMW (ETR:BMW) have become the latest carmaker to admit volatile markets in China may affect business, as its sales fall in the country for...

Smiths up 6% as ValueAct take an interest

Engineering group Smiths (LON:SMIN) are up 6% this morning after reports that US activist hedgefund ValueAct have taken a stake in the group. This comes...

RBS shares drop in the wake of sale rumours

Shares in RBS (LON:RBS) dropped nearly 2 per cent this morning, following rumours that the Government will start selling off its majority stake in...

Nokia to sell map business to German trio

Three of Germany's premium carmakers have joined together to buy Nokia's (NYSE:NOK) maps business, in a deal estimated at 2.5 billion euros. BMW (ETR:BMW), Audi (ETR:NSU)...
reach

Trinity Mirror shares climb 10%

Shares in newspaper group Trinity Mirror (LON:TNI) are up by nearly 10% after releasing its half yearly earnings report. The market reacted positively to the news...

Renault reports jump in profits

Paris-based carmaker Renault (EPA:RNO) reported a jump in first-half profits this morning, hitting its highest operating margin in a decade at 4.8%. Whilst the company failed to...

Schroders report strong Q2 earnings

London-based asset management company Schroders (LON:SDR) released their quarterly earnings this morning, seeing profits climb 24% in the first half of the year on net...

RBS surprises with rise in net profit for last quarter

RBS (LON:RBS) have reported a £153 million half-yearly loss this morning, but a surprising net profit rise for the three months to the end of...