SocGen posts first quarter loss

May 07 2009 16:22:20

SocGen posts first quarter loss

Bloomberg

Societe Generale yesterday posted a net loss of 278 million euros ($370 million), missing analysts’ estimates for a 332 million-euro profit. The company earned 1.1 billion euros a year earlier. The French bank named Chief Executive Officer Frederic Oudea as its chairman on Wednesday.

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WORLD

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ECONOMY

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SPORTS

Galatasaray stuns Spurs, Fenerbahçe falls in Europa League

Victor Osimhen scored twice as Galatasaray inflicted a first Europa League defeat of the season on Tottenham with a 3-2 victory in Istanbul, while Fenerbahçe suffered a 3-1 loss against AZ Alkmaar on Nov. 7.