Norway’s StatoilHydro posted a 63% jump in net profit on sharply higher oil prices and gains from asset sales.
Daily Archives: May 13, 2008
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Crédit Agricole May Raise New Funds
Credit Agricole became the latest bank to line up for fresh funds, saying it is considering a $9.17 billion capital increase to plug mounting subprime losses at its Calyon investment bank.
Whole Foods’ Net Declines
Whole Foods said quarterly net income fell 13% as the organic grocer continues to digest its Wild Oats takeover.