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DuPont reports 4Q loss, steps up cost cuts ahead of Dow deal
2016-01-26 18:24:23| Chemicals - Topix.net
DuPont Co., pursuing a merger with Dow Chemical, tipped to a fourth-quarter loss as volumes declined and the strong dollar weighed on results. The company is ratcheting up spending cuts ahead of the deal, announcing it expects about $730 million in cost reductions by the end of the year.
Halliburton reports a quarterly loss and continues to expect...
2016-01-25 16:31:47| Energy - Topix.net
The second big fourth-quarter earnings report from an energy company is out, and it's telling pretty much the same story about the sector's struggles. It reported a net income loss per share of 79 cents for the full year.
Halliburton reports a quarterly loss and continues to expect pain in the oil industry
2016-01-25 14:26:37| Oil & Gas - Topix.net
The second big fourth-quarter earnings report from an energy company is out, and it's telling pretty much the same story about the sector's struggles. It reported a net income loss per share of 79 cents for the full year.
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Schlumberger reports big 4Q loss, says cut 10,000 more jobs
2016-01-22 03:12:53| Energy - Topix.net
" Schlumberger said Thursday that it lost more than $1 billion and slashed another 10,000 jobs in the fourth quarter as tumbling energy prices took their toll on the world's largest oilfield services company. Like others in the industry, Schlumberger NV has been hard hit by the downturn in the energy sector and it warned that it doesn't expect a turnaround soon.
Schlumberger reports big 4Q loss, says cut 10,000 more jobs
2016-01-22 03:03:10| Oil & Gas - Topix.net
" Schlumberger said Thursday that it lost more than $1 billion and slashed another 10,000 jobs in the fourth quarter as tumbling energy prices took their toll on the world's largest oilfield services company. Like others in the industry, Schlumberger NV has been hard hit by the downturn in the energy sector and it warned that it doesn't expect a turnaround soon.
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