And in the real world... Ford, Microsoft, Lloyds, Carphone Warehouse and more

LONDON - Today's round-up of the biggest business stories.

And in the real world... Ford, Microsoft, Lloyds, Carphone Warehouse and more
And in the real world... Ford, Microsoft, Lloyds, Carphone Warehouse and more

Ford reported a surprise $2.3 billion second-quarter net profit after restructuring its debt.
Source: Financial Times

Microsoft reported a slump in sales and saw revenues dropping by 17 per cent in the latest quarter.
Source: Financial Times

Lloyds and RBS have taken their plans on how to cut their businesses to Brussels to avoid measures being taken by the European Commission.
Source: The Times

Carphone Warehouse faces an investor revolt after almost a quarter of shareholders failed to back the company’s plan to extend its bonus scheme for senior managers.
Source: The Daily Telegraph

B&Q delivered better than expected second quarter sales, with B&Q stores that have been open more than a year seeing sales go up by 0.7 per cent.
Source: The Daily Telegraph