The University of Surrey boasted a 35% increase in applications, which it attributed to its jump in the Guardian University Guide league table to eighth overall.
The BellSouth Corporation, the regional phone giant based in Atlanta, reported a sharp drop in profit from its continuing operations, which it attributed to rising expenses tied to its stake in Cingular Wireless.
MetLife had hedge fund losses of $25 million, after taxes, in its investment portfolio, which it attributed to the "unusual volatility in the equity and fixed income markets".
For 2001, the Jil Sander Group reported a net loss of $9.4 million, its first ever, which it attributed to high investments in the new flagship stores and a weakened demand for luxury goods.
Oracle, which is in a courtroom battle to defend its hostile bid for PeopleSoft, said that its fourth-quarter profit rose 15percentt because of strong growth in its database business, which it attributed to a modest recovery in technology spending.
The insurer recorded a 2.2% decrease in net premiums for its general insurance unit, Chantis, which it attributed to the poor economy and pricing decisions.
Vindigo, a wireless-technology company based in New York, said yesterday that it had laid off some employees because of its failure to meet revenue projections, which it attributed to the economic slowdown in the technology sector.
The company also announced a group net loss of 66.8 billion yen ($552 million) for the year ended March 31, which it attributed to heavy spending on revamping its troubled operations, paper losses on its securities holdings and depressed sales in North America.
Bank of New York Mellon reported Tuesday that it returned to profitability in the third quarter, which it attributed to acquisitions and an improvement in its investments.
Korea Electric Power Co. traded flat, at 26,600 won ($18.72); KEPCO said Friday that it had decided to suspend paying a dividend for 2008, owing to its 2.95 trillion won ($2.1 billion) loss for the year, which it attributed to higher energy costs.
In 2009, for example, when Cushman posted a loss — which it attributed partly to one-time charges like the relocation of its worldwide headquarters in New York — CB Richard Ellis, the largest global brokerage firm, posted a $33 million profit.
