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Posts Tagged ‘Loss’

Friends Provident 2008 Results

Friends Provident (FP), the parent company of Friends Provident International, saw net losses of £541m ($1 billion) in 2008; more than five times its 2007 loss of £108m. FP has already cut 10% of its workforce in an effort to reduce costs.
Obviously, those results are not the news investors and portfolio holders are happy to [...]