FORTIS PROFIT DROPS 31% HOT STOCKS

Reuters
International Herald Tribune
05-14-2008
FORTIS PROFIT DROPS 31% HOT STOCKS
Byline: Reuters
Edition: 4
Section: FINANCE/BUSINESS

The Belgian-Dutch financial services group Fortis reported a 31 percent decline in net profit, hurt by write-downs on financial market turmoil that offset gains from its purchase of parts of ABN AMRO.

Net profit for the first quarter, ...

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