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Precision Drilling Q1 profit plunges 76%, revenue declines 24% from last year
2015-04-27 15:10:42| Energy - Topix.net
Precision Drilling Corp. says North American demand for land drilling services in the first months of 2015 failed to meet "even the most pessimistic forecasts" as its customers looked for ways to reduce spending. Precision Drilling chief executive Kevin Neveu says industry activity in Canada during this year's spring breakup is 53 per cent below 2014 levels and in the United States activity is less than half the peak activity in November.
Tags: last
year
profit
revenue
Precision Drilling Q1 profit plunges 76%, revenue declines 24% from last year
2015-04-27 14:21:15| Oil & Gas - Topix.net
Precision Drilling Corp. says North American demand for land drilling services in the first months of 2015 failed to meet "even the most pessimistic forecasts" as its customers looked for ways to reduce spending. Precision Drilling chief executive Kevin Neveu says industry activity in Canada during this year's spring breakup is 53 per cent below 2014 levels and in the United States activity is less than half the peak activity in November.
Tags: last
year
profit
revenue
Legal costs hit Deutsche Bank profit
2015-04-26 18:09:19| BBC News | Business | UK Edition
Deutsche Bank reports a sharp fall in profits after setting aside 1.5bn to cover legal costs, days after being fined 2.3bn for rate rigging.
Profit warnings rise on low oil price
2015-04-26 14:55:01| BBC News | Business | UK Edition
Profit warnings from UK-listed companies rose in the first three months of the year despite the improved economic outlook, a report says.
Covergirl, Gillette maker Procter & Gamble boosts local profit
2015-04-26 09:06:43| Food - Topix.net
Procter & Gamble Australia, the maker of make-up business CoverGirl, Gillette razors, and Pantene shampoo and conditioner, posted an improved profit in 2014 despite a dip in revenue. The accounts for the maker of Duracell batteries, Mum deodorant and Oral B toothpaste show a $9.24 million profit in the 2014 financial year, up from $9.2 million the previous year.
Tags: local
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