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Air France-KLM calls for cost cuts as profit soars

2015-10-29 08:15:33| Airlines - Topix.net

Air France-KLM's management on Thursday called for drastic cost-cutting despite posting its largest quarterly net profit in five years as a result of lower fuel prices. Air France-KLM reported a net profit of 480 million euros in the third quarter, up from a revised EUR86 million profit in the corresponding period a year earlier.

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Santander third-quarter profit up 5%

2015-10-29 07:54:48| BBC News | Business | UK Edition

Spanish banking giant Santander, which owns Santander UK, said net profit rose nearly 5% in the third quarter from a year ago to 1.7bn (1.22bn).

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PG&E profit and revenue miss Wall Street views

2015-10-29 07:28:35| Energy - Topix.net

SAN BRUNO >> PG&E posted profit Wednesday for its third quarter that fell below analysts expectations, with the utility saying its revenue has been jolted by the timing of proceedings before the state Public Utilities Commission related to rate cases. Revenue was lower during the third quarter, PG&E said, because of a general rate case related to its gas transmission and storage system has yet to be resolved by the state PUC.

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Drugmaker Amgen posts big increases in 3Q profit, sales

2015-10-29 04:14:49| Biotech - Topix.net

This Nov. 9, 2014 file photo shows signage outside the Amgen headquarters in Thousand Oaks, Calif. Amgen Inc. on Wednesday, Oct. 28, 2015 reported third-quarter profit of $1.86 billion.

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Aberdeen oil services firm makes record profit despite crude price slump

2015-10-29 03:47:36| Oil & Gas - Topix.net

PLEXUS Holdings, the well technology firm, has achieved record profits in a year when the oil and gas industry was rocked by the plunge in the crude price. Aberdeen-based Plexus made A 5.9 million pre-tax profit in the year to June compared with A 5.4m in the preceding year.

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