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Encana Corp. posts second-quarter loss, revenue falls from year ago
2015-07-24 14:38:34| Oil & Gas - Topix.net
Encana Corp. reported a loss in its latest quarter as its U.S. operations were hit by a big impairment charge related to the drop in commodity prices. The company, which keeps its books in U.S. dollars, says its loss attributable to shareholders totalled US$1.61 billion or $1.91 per share for the quarter ended June 30. The loss for the quarter included an after-tax $1.33-billion impairment charge as well as a $187-million after-tax hit related to an unrealized hedging loss.
FT owners Pearson posts 115m loss
2015-07-24 08:24:13| BBC News | Business | UK Edition
Publishing group Pearson - which is selling its Financial Times newspaper - reports a first half loss of 115m compared with 36m a year earlier.
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Lilly posts lackluster profit but boosts full-year forecast
2015-07-23 15:38:03| Food - Topix.net
Eli Lilly and Co.' s profits plunged 18 percent in the second-quarter but still easily beat the lowered expectations of Wall Street analysts.
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Valeant Pharmaceuticals posts second-quarter loss, sales up from year ago
2015-07-23 15:18:16| Biotech - Topix.net
Valeant Pharmaceuticals International Inc. raised its financial outlook for the year as it reported a loss in its latest quarter. The drug company says it now expects revenue this year to total between $10.7 billion to $11.1 billion, up from its earlier guidance for between $10.4 billion and $10.6 billion.
Southwest Airlines posts record profit in second quarter
2015-07-23 14:58:18| Airlines - Topix.net
Southwest reports quarterly financial results on Thursday, July 23, 2015. The recent release of dashboard camera video and booking records have answered some questions in the case of a Chicago-area woman who died in a Texas jail, but others remain.
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