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M&S profits drop after weak demand for its clothes

2019-11-06 08:43:14| BBC News | Business | UK Edition

The struggling High Street retailer saw profits fall 17% following a sharp drop in clothing sales.

Tags: its drop demand clothes

 

Veon revenues fall in Q3 on weak Russian market, Pakistan court ruling

2019-11-04 08:53:00| Telecompaper Headlines

(Telecompaper) Veon reported a drop in revenues for the third quarter, hurt by drop in customers in its largest market Russia and a negative tax ruling in Pakistan. Revenues fell 4.0 percent to USD 2.223 billion and were down 0.9 percent on an organic basis. Veon said it was still on track for its full year outlook of low single digit organic growth, after a 4.6 percent increase over the first nine months.

Tags: market fall court russian

 
 

Apache Reorganizes Operations As Oil Prices Remain Weak

2019-10-31 10:25:00| OGI

Apache said it has reduced drilling activity at Alpine High and deferred completion activity into next year, resulting in a 5% decrease in production from the Permian Basin in the current quarter.

Tags: prices remain operations oil

 

Continental Resources Profit Plunges On Weak Prices

2019-10-31 10:20:00| OGI

Continental Resources' total production rose 12% to 332,315 barrels of oil equivalent per day, primarily boosted by higher output at its Bakken shale basin.

Tags: resources prices profit weak

 

U.S. Silica Posts Bigger-Than-Expected Loss On Weak Demand, Lower Prices

2019-10-29 14:47:35| OGI

The company sold 3.9 million tons from its oil & gas segment in the third quarter, down 1% from the prior quarter. For the fourth quarter, it expects the slowdown in well completions in North America to hit volumes by 10% sequentially.

Tags: posts prices lower loss

 

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