First-Half Pre-Tax Profit Drop Today, Barclays announced a drop of 33 percent in its first-half pre-tax profit. This brings it to £2.64bn following a £1bn absorption charge for the price of sorting out complaints on the sale of payment protection insurance which led to a scandal. According to an article in the Belfast Telegraph, Barclays… Continue Reading
On August 7, 2006 Orthofix International announced that it had finalized a deal in which it would acquire Blackstone Medical, Inc. President and Chief Executive Officer of Blackstone, Matt Lyons, said about the deal that: “We are especially excited about the benefits of combining our advanced product development capabilities with Orthofix’s experience in developing innovative… Continue Reading