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Zalando ups profit outlook on "strong" first-half

2019-08-01 13:54:00| Daily apparel & textile news and comment - from just-style.com

German fashion e-tailer Zalando has raised its profit outlook following a surge in visits to its website and orders in the second quarter of 2019.

Tags: strong ups profit outlook

 

Concho Resources Profit Falls 25% On Lower Crude, Gas Prices

2019-07-31 22:53:53| OGI

Concho, which operates in the Delaware and Midland basins of the prolific Permian shale field, said total production rose to 328,681 barrels of oil equivalent per day (boe/d) from 228,958 boe/d a year earlier.

Tags: resources prices lower gas

 
 

Samsung profit halves in Q2 on weak memory market, lower phone margins

2019-07-31 08:52:00| Telecompaper Headlines

(Telecompaper) Samsung's net profit in the second quarter more than halved, to KRW 5.18 trillion from KRW 11.04 trillion a year ago, due to a fall in results at its semiconductor business and lower profitability in smartphones. The company's revenues fell 56 percent to KRW 56.13 trillion, led by the decline in memory products. 

Tags: phone market lower memory

 

U.S. Silica Holdings Tops Profit Estimates On Higher Volumes

2019-07-30 14:56:05| OGI

Frac sand miner U.S. Silica Holdings reported a bigger-than-expected quarterly profit on July 30, as it sold more sand to U.S. shale producers.

Tags: higher profit estimates volumes

 

BP Profit Again Outstrips Forecasts, Lifted By Higher Oil Output

2019-07-30 14:51:01| OGI

The second-quarter profit was up from $2.4 billion in the previous quarter, while BPs operating cash flow recovered to $6.8 billion in the quarter from $5.3 billion in the previous quarter as a result of a one-off working capital release.

Tags: higher oil output profit

 

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