GTCO Shares Drop 6.5% as Nine-Month Profit Falls 12.2%
Guaranty Trust Holding Company (GTCO) shares declined by 6.5% within a week following a 12.2% drop in nine-month profit, as higher operating costs, interest expenses and fair-value losses weighed on earnings.
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Upon migration to Medina, the direction of the Qibla continued to be Jerusalem, although it was then physically impossible for one to also face the Ka’ba, as Medina is north of Makkah.
