Your English writing platform
Discover LudwigExact(9)
With assets under management and profit falling, Allianz's Pimco arm is still reeling from its co-founder's exit.
Keith Bowman, an analyst at Hargreaves Lansdown, said: "As expected, losses in relation to the Olympics fiasco dominate the numbers, with pre-tax profit falling by nearly a third... Nonetheless, optimism in the group's ability to recover remains".
Keith Bowman, an analyst at Hargreaves Lansdown, said: "As expected, losses in relation to the Olympics fiasco dominate the numbers, with pre-tax profit falling by nearly a third... Nonetheless, optimism in the group's ability to recover remains". Shares in the company were among the biggest fallers in the FTSE 100, shedding 2.5% to 299p.
Increased marketing spending resulted in Sara Lee's profit falling almost 5% in the first quarter compared to last year.
Increased marketing spending resulted in profit falling almost 5% in the first quarter compared to last year.
For the first quarter, the PC maker reported a 37-cent profit, falling from the year-ago report of 40 cents a share.
Similar(51)
Operating profit fell 49percentt.
Core operating profit fell 12% to £1.77bn.
Profit fell 18percentto to $145 million.
Morgan Stanley's profit fell 3percentto to $1.43 billion.
The company's net profit fell 27.6percentt.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com