Savings companies post lower profit margins in 2007

[...] [Translation] FOR IMMEDIATE RELEASE SAVINGS COMPANIES POST LOWER PROFIT MARGINS IN 2007 Montréal, June 17, 2008 - The Autorité des marchés financiers (AMF ) has released the 2007 report on trust companies and savings com panies following its tabling today in the Québec National Assembly by Minister of Finance Monique Jérôme-Forget. The report shows that the profit margins of savings companies, based on overall ac tivities in Canada, fell 22.7% last year, from $2.966 b illion in 2006 to $2.293 billion in 2007. As a result, the net earnings ratio declined from 2.53% in 2006 to 1.91% in 2007. Net earnings of savings companies grew 2.1% over the past year, from $979 million in 2006 to $999.2 million in 2007. Despite lower total rev enues, net earnings were slightly higher as a result of significant variations in taxes, gains on investments and subsidiaries and extraordinary items. The assets of savings companies were down 5.1% over the past year, from $123.411 billion in 2006 to $117.163 b [...]

Deutsche Post World Net to restructure U.S. Express business with new airlift partner and substantial cost savings initiative
[...] airlift Network restructuring to remove excess capacity in U.S. Express Continued strong U.S. presence with no changes to product range or service commitment; less than 4 percent of shipments affected Annualized cost savings in U.S. Express of about $1 billion [...]

Revenues soaring but with costs eating into margins, is this as good as it gets for many miners?
[...] Mine - As good as it gets? Download file (2.4m) 17/06/2008 00:01 A report by PricewaterhouseCoopers, "˜Mine – As good as it gets?', shows that while revenues of the top 40 mining companies grew by 32% in 2007, costs increased [...]

Growth in trust activities in 2007
[...] Montréal, June 17, 2008 - The Autorité des marchés financiers (AMF ) has released the 2007 report on trust companies and savings companies following its tabling today in the Québec National Assembly by Minister of Finance Monique Jérôme-Forget. The report [...]

Tel Aviv flights from £89.99 one-way now on sale for winter 08/09
[...] Luton On sale today (12 June), Thomsonfly is offering flights to Tel Aviv for next winter from just £89.99 one-way including taxes and charges, and passengers should book early to secure the lowest fares. Departing from London Luton and Manchester [...]

Aviva appoints Mark Hodges to board
[...] chief executive officer of Norwich Union Life, as an executive director to its plc board with immediate effect. Mark will join Aviva's two existing executive directors on the board: group chief executive Andrew Moss and group finance director Philip Scott. [...]