SC-US reveals £63m losses

11 February 2000

The losses meant the company's full-year earnings slumped from $167m (£104m) in 1998 to just $12.8m (£8m) last year. The fourth-quarter figures were hit by the sale of the public special opportunity portfolio at a loss of $67m (£42m) and the $69.2m (£43.3m) writedown of the company's shares in parent ...

This content is only available to registered users

You must be logged in to continue

Would you like to read more?

Register for free to finish this article

Registration includes the following benefits:

Access up to four FREE articles per month
Breaking news, comment and analysis from industry experts as it happens
Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.

Registered users and subscribers SIGN IN here to continue