HSBC profits decline on bad debts

Europe's biggest bank HSBC Holdings said its first-half profit fell 28 percent, in line with analysts' forecasts, as a $14 billion hit on bad debts on U.S. home loans and asset writedowns

Logicom profit surge 29.4% in 1H08

Logicom Public Ltd (LOG) reported a 29.4% Year-on-Year increase in first half profitability to EUR5.0 mln on the back of sharply higher sales and a favourable swing in exchange rates. EPS was

Bosses not selling despite market rout

Stock market investors have dumped shares in an equities downturn over the past year but company managements seem to be sanguine about their firms' prospects, holding on to stock and even buying