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British insurer Old Mutual Plc. (ODMTY.PK, OML.L) reported Friday that its fiscal 2014 profit before tax declined to 1.36 billion pounds from 1.53 billion pounds last year. IFRS profit after tax attributable to equity holders of the parent fell 17 percent to 582 million pounds or 11.5 pence per share. Adjusted...

UBM plc's (UBMJF.PK, UBM.L) full-year total pre-tax profit from continuing operations improved to 145.2 million pounds from 109.5 million pounds last year. Excluding exceptional items, pre-tax profit from continuing operations stood at 138.0 million pounds this year. Profit for the year amounted to...

Lloyds Banking Group plc (LLOY.L, LYG) reported profit before tax of 1.76 billion pounds for the year ended 31 December 2014, compared to 415 million pounds, previous year. Profit attributable to equity holders was 1.41 billion pounds, compared to a loss of 838 million pounds. Profit per share was 1.6...

Swedish mobile network equipment maker Ericsson (ERIC) filed two complaints with the International Trade Commission or ITC and seven complaints in the United States District Court for the Eastern District of Texas against Apple yesterday, asserting 41 patents covering many aspects of Apple's iPhones...

International Consolidated Airlines Group S.A. (IAG.L, BAIRY.PK, BAY.L) Friday said fourth-quarter profit after tax surged to 309 million euros from 70 million euros in the previous year. Adjusted profit was 138 million euros, while it totaled 25 million euros last year. Revenue grew to 5.015...

Rio Tinto (RTPPF.PK, RIO.L, RIO, RTNTF.PK) announced the company is streamlining its product groups and corporate functions as part of the continued focus on efficiency and costs. Rio Tinto's portfolio of assets will be condensed into four product groups: Aluminium, Copper and Coal, Diamonds and Minerals,...

German steel firm Salzgitter AG (SZGPF.PK, SZGPY.PK) reported Friday that its fiscal 2014 after-tax loss was 31.9 million euros, significantly narrower than last year's loss of 490 million euros. Basic loss per share was 0.64 euro, compared to loss of 9.11 euros a year ago. The pre-tax loss narrowed...

BASF Group (BFA.L, BASFY.PK) reported that its fourth-quarter net income increased to 1.42 billion euros from 1.13 billion euros, previous year. Earnings per share was 1.54 euros, compared to 1.23 euros. Adjusted earnings per share was 1.04 euros, compared to 1.00 euros. Income from operations (EBIT)...

French aerospace giant Airbus Group N.V. (EADSF, EADSY) reported Friday that its fourth-quarter net income surged 250 percent to 944 million euros from 270 million euros a year ago. Earnings per share were 1.21 euros, up 256 percent from 0.34 euro last year. The latest results included a positive...

German hospital operator Rhoen-Klinikum AG (RKKPF.PK) said full year net consolidated profit was 1.23 billion euros and earnings before interest, taxes, depreciation and amortisation or EBITDA totaled 1.41 billion euros due to the proceeds from the sale of hospitals. Corporate revenues stood at 1.51...

Technology outsourcing and consultancy company Accenture Plc. (ACN) Friday announced that it has won a public tender and signed a four-year framework agreement with the Finnish State Treasury. The contract is to develop and maintain a range of IT applications that support the State Treasury's effort...

Mondelez International, Inc. (MDLZ) Friday said that, as part of its efforts to focus its portfolio on snacking products, it has reached an agreement to sell its 50 percent interest in Ajinomoto General Foods, Inc. or AGF to its joint venture partner, Ajinomoto Co., Inc. AGF manufactures and sells...

Cliffs Natural Resources Inc. (CLF) announced the commencement of private offers to exchange up to $750 million aggregate principal amount of its newly issued 7.75 percent Senior Secured Notes due 2020 for certain outstanding senior unsecured notes of the company. Eligible holders must validly tender...

Renewable energy company Alterra Power Corp.'s (AXY.TO) 66.6 percent owned Icelandic subsidiary, HS Orka hf, reported net income of $6.3 million in 2014 compared to a net loss of $2.9 million in 2013. Revenue increased 11 percent to $64.1 million from $57.7 million, due to an increase in retail...

Bank of America Corp. (BAC) disclosed in a regulatory filing that Neil Cotty will no longer serve as the Corporation's Chief Accounting Officer, effective March 1, 2015. Cotty will continue with the Corporation to assist in Bless's transition. Rudolf Bless has been appointed the Corporation's Chief...

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