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AZAM AHMED PROFIT TUMBLES Banco Santander, the largest lender in the euro zone, reported first-half net profit of 3.5 billion euros ($5 billion), down 21 percent from the period a year earlier.
MARK SCOTT PROFIT TUMBLES Banco Santander and its chairman, Emilio Bot? below, said on Tuesday that the bank's net profit fell nearly 98 percent, to 47 million euros, during the final three months of last year, as the bank dealt with the downturn in the Spanish real estate market and the European debt crisis.
Bristol-Myers Profit Tumbles, Ringrose To Depart.
Viacom profit tumbles 27% amid contentious boardroom battle.
Viacom posts lackluster quarter; profit tumbles 27% amid contentious boardroom battle.
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Sun's fourth-quarter profit tumbled to $12 million from $61 million.
Cemex said its net profit tumbled 71percentto to $81 million, which was below expectations.
The company's operating profit tumbled 71percentt in the nine months ended Sept. 30.
Saks said third-quarter profit tumbled 97percentt because of price cuts on clothing at its regional chains.
Apollo Global Management said Thursday that its profit tumbled by 84 percent in the second quarter, as its core private equity business grappled with difficult markets.
The maker of heavy equipment disclosed that its third-quarter profit tumbled 44 percent from the same time last year, while revenue fell more than 18 percent for the same period.
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