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Oilsands giant Suncor posts $2-billion net loss during fourth quarter
2016-02-04 05:27:46| Oil & Gas - Topix.net
Suncor Energy, Canada's biggest oilsands player, has posted a net loss of $2 billion for the final three months of 2015 as it was walloped by the steep drop in crude prices. In addition to the oil price collapse, Suncor's bottom line was dragged down by nearly $1.6 billion in impairment charges and a $382 million foreign exchange loss related to its U.S. dollar-denominated debt.
Hub Group Inc (HUBG) Posts Quarterly Earnings Results, Beats Estimates By $0.08 EPS
2016-02-04 01:55:01| Logistics - Topix.net
Hub Group Inc issued its earnings results on Wednesday. The company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.08, MarketBeat Ratings reports.
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International Paper Posts 33% Profit Rise
2016-02-03 23:42:45| Paper - Topix.net
International Paper Co. logged a 33% rise in fourth-quarter earnings, handily beating Wall Street expectations, despite foreign currencies and slowing economies dragging down revenue, as its Russian joint venture swung to a profit.
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GlaxoSmithKline posts loss of $616 million for 4th quarter
2016-02-03 19:55:20| Biotech - Topix.net
British-based drugmaker GlaxoSmithKline posted a loss of 428 million pounds for the fourth quarter of 2015 - compared with a profit of over 1 billion pounds for the same period a year earlier- as the company moved to integrate new businesses. CEO Andrew Witty said Wednesday the healthcare environment remains challenging, but GSK remained focused on its integration and restructuring program.
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Performance Food Group Co (PFGC) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS
2016-02-03 16:59:04| Food - Topix.net
Performance Food Group Co announced its quarterly earnings results on Wednesday. The company reported $0.26 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.24 by $0.02, AnalystRatingsNetwork.com reports.
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