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Schlumberger Profit Falls 30% on Weak Oil Prices
2015-07-17 02:21:18| Oil & Gas - Topix.net
Schlumberger Ltd.'s second-quarter earnings fell 30% on plunging revenue, as the oil-services sector continues to grapple with weak oil prices. Schlumberger reported a profit of $1.12 billion, or 88 cents a share, down from $1.6 billion, or $1.21 a share, a year earlier.
Mid-Morning Market Update: Markets Rise; Citigroup Q2 Profit Tops Estimates
2015-07-16 17:52:53| Paper - Topix.net
Following the market opening Thursday, the Dow traded up 0.21 percent to 18,088.18 while the NASDAQ climbed 0.81 percent to 5,140.08. The S&P also rose, gaining 0.61 percent to 2,120.23.
Tags: market
update
rise
profit
Angel investor growth helps Naked Wines swing into profit
2015-07-16 12:08:20| Beverages - Topix.net
In its latest published accounts, the Norwich-based company recorded a 16.8pc increase in turnover to A 45.1m, while pre-tax profits rose out of the red and into black, turning a A 746,000 loss into A 1.1m profit. The fizzing performance was underpinned by the continued growth of the firm's angel investors - the members that fund its independent wines - which rose from 141,000 to 158,000 to the year ending December 31 2014.
Tags: growth
helps
profit
angel
Nordea net profit rises in second quarter
2015-07-16 09:08:45| Appliances - Topix.net
Nordea Bank AB , the Nordic region's biggest bank, Thursday said the Greek uncertainty had clouded visibility and made its corporate and institutional customers more cautious in the quarter, as it reported a larger-than-expected 39% rise in second quarter net profit. Net profit at the Stockholm-based bank rose to 952 million euros in the second quarter, from EUR686 million in the same period a year earlier when a restructuring charge of 190 million euros weighed on the result.
Tags: net
profit
quarter
rises
Jacksonville-based CSX warns it will be hard to hit profit goals for year
2015-07-15 23:57:38| Railroads - Topix.net
CSX expects faltering demand for coal and crude oil to slow profit growth this year, but the railroad will limit expenses and work to raise rates to compensate. Railroad executives said Wednesday it will be difficult to deliver results near the upper end of their forecast for mid-to-high single-digit earnings per share growth in 2015.
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