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Exxon's 1Q profit falls 46 percent amid decline in oil price

2015-04-30 16:11:44| Oil & Gas - Topix.net

Lower oil prices pushed Exxon Mobil Corp.'s first-quarter profit down 46 percent, but the results still beat Wall Street expectations. Exxon said Thursday that it earned $4.94 billion - a huge sum but the weakest first quarter for the oil giant since 2009.

Tags: price percent oil falls

 

Telecom-media giant BCE posts lower Q1 net profit due to Quebecor court battle

2015-04-30 15:53:17| Wireless - Topix.net

BCE Inc. reports that its first-quarter profit suffered from a $137-million expense related to a long-running court battle with rival Quebecor but, after adjusting for that, its telecom and media business showed growth from last year. The Montreal-based company said its net income attributable to shareholders in the first quarter was $532 million, down 13.5 per cent from the same time last year.

Tags: net due posts lower

 
 

Higher demand boosts Textured Jersey FY profit

2015-04-30 15:45:00| Daily apparel & textile news and comment - from just-style.com

Knitted fabric manufacturer Textured Jersey Lanka (TJL) saw net profit rise 16% in the year to 31 March, with demand from the company's main customers "back on track".

Tags: higher demand jersey profit

 

Telecom-media giant BCE posts lower Q1 net profit due to Quebecor court battle

2015-04-30 15:44:50| Telecom - Topix.net

BCE Inc. reports that its first-quarter profit suffered from a $137-million expense related to a long-running court battle with rival Quebecor but, after adjusting for that, its telecom and media business showed growth from last year. The Montreal-based company said its net income attributable to shareholders in the first quarter was $532 million, down 13.5 per cent from the same time last year.

Tags: net due posts lower

 

Exxon's 1Q profit falls 46 percent amid decline in oil price

2015-04-30 15:42:49| Energy - Topix.net

Lower oil prices pushed Exxon Mobil Corp.'s first-quarter profit down 46 percent, but the results still beat Wall Street expectations. Exxon said Thursday that it earned $4.94 billion - a huge sum but the weakest first quarter for the oil giant since 2009.

Tags: price percent oil falls

 

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