Irish Independent logo Irish Independent 1 month ago

Giant suffers quarterly loss as writedown provisions hit £3.3bn

The net loss was £1.8bn, compared with a profit of £871m in the year-earlier period. "The news was bad, but could have been worse," said John Smith, a fund manager at private bank Brown Shipley in Manchester. Full Article at Irish Independent

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  1. UDINE, ITALY - NOVEMBER 21: Sergio Parisse is tackled by John Smith and Morne Steyn  during the friendly match between Italy and South Africa at Friuli Stadium on November 21, 2009 in Udine, Italy.
  2. FONTWELL, ENGLAND - NOVEMBER 06: Peter Toole and Dot's Delight clear the last flight to go on and win the John Smith's Conditional Jockeys Novices Hurdle Race run at Fontwell Racecourse on November 6, 2009 in Fontwell, England.
  3. South Africa's Victor Matfield (L) holds the Tri Nations Cup while team captain John Smith (R) holds up the Freedom Cup after their Tri-Nations Rugby Union match against the New Zealand All Blacks at Waikato Stadium in Hamilton on September 12, 2009.
  4. HAMILTON, NEW ZEALAND - SEPTEMBER 12: Jannie Du Plessis, John Smith, Bismarck Du Plessis and Tendai Mtawarira of South Africa celebrate with the Tri Nations trophy after winning the Tri Nations Test Match between the New Zealand All Blacks and South African Springboks at Waikato Stadium on Septem...
  5. LIVERPOOL, UNITED KINGDOM - APRIL 05:  Timmy Murphy on Comply Or Die celebrates after victory in the John Smith's Grand National Steeple Chase at Aintree Racecourse on April 5, 2008 in Liverpool, England.
  6. US President George W. Bush (C) makes a statement on Iraq reconstruction as he stands with Kristin Hagerstrom (L-R), John Smith, John Jones, Deputy Secretary of Defense Gordon England and Secretary of State Condoleezza Rice, in the Rose Garden of the White House in Washington, DC, 08 January 2008.
  7. Wolfsburg's Grafite, left, and Manchester's Patrice Evra, right, vie for the ball during their Champions League second leg soccer match in Wolfsburg, Germany, Tuesday, Dec. 8, 2009.
  8. MANCHESTER, ENGLAND - DECEMBER 02:  Liam Gallagher attends photocall to launch the Black collection for his Pretty Green clothing label at Selfridges on December 2, 2009 in Manchester, England.
  9. NEW YORK - DECEMBER 01: Manchester Orchestra performs at the Apple Store Soho on December 1, 2009 in New York City.

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