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Halliburton 2Q profit falls on costs tied to oil slowdown

2015-07-21 11:38:32| Energy - Topix.net

Halliburton's second-quarter profit dropped as it dealt with some charges tied to the oil market slowdown. But the company's adjusted results easily topped analysts' estimates.

Tags: costs oil falls profit

 

Novartis profit down 32% as stronger dollar hits

2015-07-21 10:17:58| Biotech - Topix.net

Novartis AG said on Tuesday its second-quarter profit fell 32% from the same period last year, as the Swiss drug giant was hit by a strengthened dollar and a weak result from its eye-care treatment business. Basel-based Novartis said net income fell to $1.86 billion, or $0.77 per share in the quarter ended in June, compared with $2.72 billion a year earlier.

Tags: hits profit dollar stronger

 
 

Handelsbanken net profit up as U.K. push continues

2015-07-21 09:29:01| Appliances - Topix.net

Swedish lender Svenska Handelsbanken AB Tuesday said it continued its expansion in the U.K. during the second quarter as it posted a small rise in net profit, helped by higher business volumes and lower funding costs. Net profit at the Stockholm-based bank was 4.17 billion Swedish kronor in the three months ended June 30, up from SEK4.03 billion in the comparative period last year.

Tags: net profit continues push

 

Halliburton Profit Falls as Crude Crash Slows Oilfield Work

2015-07-21 07:35:19| Oil & Gas - Topix.net

Halliburton, the second-largest oilfield services provider, is looking to sell assets to win regulatory approval for its acquisition of rival Baker Hughes Inc., valued at $34.6 billion when it was announced. Halliburton Co.'

Tags: work falls profit crash

 

Badger Meter profit falls in second quarter

2015-07-21 00:24:16| Industrial Machines - Topix.net

Badger Meter Inc. , based in Brown Deer, failed to reach its sales goals in the second quarter of 2015 and reported a drop in profits Monday. Net income for the quarter ended June 30 was $7.9 million, or 55 cents per share, down 10.4 percent compared with $8.8 million, or 61 cents per share, in the comparable period of 2014.

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