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First quarter profits

Arab Banking Corp Q1 profit hits $52m

Bahrain-based Arab Banking Corporation (ABC) announced today (April 30) that its consolidated Group net profit for the first quarter (Q1) of 2015 was $52 million, compared to profit of $71 million reported last year. The quarter w

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Yahoo posts sharp decline in Q1 profits

Yahoo has posted a net income of to $21.2 million, or 2 cents per share, for the quarter ended March 31, from $311.6 million, or 29 cents per share, a year earlier. On an adjusted basis, earnings were 15 cents per share.

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