Barclays said its profits were hit by the costs of restructuring the bank last year, including its withdrawal from certain lines of business, as well as legal costs.
It has enabled BMC to save over 1,000 jobs, lift the hospital from bankruptcy, and actually turn a profit in just a few years of restructuring.
Its half year profits fell by 10%, more than analysts had expected, after £186m of restructuring costs and £40m of claims related to the recent UK floods.
ABF said it still expected profits at the grocery unit to improve, as it puts the cost of restructuring George Weston and Allied Bakeries behind it.
Underlying profit rose 15% to £94.5m, although that swung to a loss of £115.3monce the impact of restructuring its troubled European online business Pixmania was included.
Some £1.5bn of restructuring costs, which include scaling back the investment bank which once dominated the business, also ate into profits.
GM's $865 million quarterly net profit was its first quarter in the black since 2007 and shows the automaker is on the right track after years of restructuring.
This year, analysts' estimates vary, but a new Morgan Stanley report projects Pearson's profits from continuing operations at $357 millionn, or 62percentt of profits before restructuring charges and interest.
Profits plunged because of restructuring costs at Engelhard, an American producer of catalysts (as in catalytic converters) which BASF bought earlier this year.
In reporting its core earnings, a calculation of profit that excludes restructuring charges, the company beat Wall Street's forecast by 2 cents a share.
