Bloomberg News

Charles Stanley First-Half Profit Will Fall on Inflation Costs

October 03, 2011

Oct. 3 (Bloomberg) -- Charles Stanley Group Plc said first- half profit for the period ended Sept. 30 will be lower than a year ago because of the effect of inflation on fixed costs as revenue in its securities unit fell on market volatility and decline.

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To contact the editor responsible for this story: Peter Woodifield at pwoodifield@bloomberg.net


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