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Wednesday Papers: Investment banking boosts UBS earnings - other news
Deutsche Bank reported net income of €1.2bn for the second quarter
Markets
Daily Express
* Daily Mail & General Trust yesterday suffered a 2 per cent drop in third-quarter revenues and gave a cautious 2011 outlook.
* ARM Holdings posted pre-tax profit of £43.5million, up 167 per cent, on revenue of £100million, both above expectations.
* PZ Cussons unveiled pre-tax profits of £101.8million for the year to May 31, against £84.4million a year ago.
* Halfords' sales at stores in the UK and Ireland open at least a year fell 2.1 per cent in the 13 weeks to July 2.
Daily Mail
* Millions of entrepreneurs could have their retirement plans shattered by shock Government proposals to cap pension contributions in the year they retire.
* £500m handout for victims of Equitable Life scandal slammed as not enough.
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