Unilever reported a Sharp Fall in 2015 Profit and Warned of a 'Tougher 2016'.

The firm, which makes a vast array of consumer products including Ben & Jerry's ice-cream, Lipton tea and Dove soap, said pre-tax profit fell 8% to €7.2bn (£5.5bn; $7.8bn) at constant currency rates.

 

Underlying sales rose 4.1%.

Morgan Stanley profit falls 42% after trading sales from rivals

Net profit fell 42%, to $939m (£607m), from $1.63bn for the same three-month period a year ago, the bank's second consecutive quarterly drop.

morgan

Net sales fell 13% to $7.77bn, missing analyst estimates of $8.5bn

Rivals Goldman Sachs, Citigroup, Bank of America and JPMorgan Chase have all reported dips in trading revenue.