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UBS Profit Drops 76% on Investment Bank Loss

UBS AG (UBSN), Switzerland’s biggest bank, said fourth-quarter profit dropped 76 percent after its investment bank reported a second consecutive quarterly loss. Net income fell to 393 million Swiss francs ($427 million) from 1.66 billion ...

Toyota profit plunges by half but ups guidance

AFP - Japanese car giant Toyota announced a plunge in profits on Tuesday, but said the year might not be quite as bad as previously expected as the world's number three automaker upped its forecasts. The company said its nine-month net profit ...

Glaxo hopes profit improvement continues with R&D and sales changes

GlaxoSmithKline reported Tuesday that it improved its profits for all of 2011, including the fourth quarter, compared with the same periods in 2010 because of savings from restructuring of the company. Glaxo is based in London, but has about 5000 employees ...

Agco profit increases, beats expectations

(Reuters) - Agco Corp (AGCO.N) reported a 33 percent rise in quarterly earnings and beat analyst expectations Tuesday due to strong global demand for farm equipment and cost reduction actions, and it reiterated its forecast for more growth in 2012.