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Suncor posts third-quarter loss of $376 million

2015-10-29 08:56:40| Oil & Gas - Topix.net

Oil producers like Suncor have been squeezed by persistent weakness in crude prices, which have fallen to around $43 a barrel - down 60 per cent from the high point last year. Suncor Energy Inc. has posted a third-quarter net loss of $376 million, a sharp reversal from the $919-million profit from the same period a year earlier.

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Canada oil-sands giant Suncor posts loss

2015-10-29 08:56:39| Oil & Gas - Topix.net

Suncor Energy Inc., Canada's largest crude-oil producer, reported a third-quarter net loss on a foreign exchange-related charge and slumping crude oil prices, setting a grim tone for the Canadian energy industry's earnings. The Calgary company posted a net loss of 376 million Canadian dollars , or 26 Canadian cents a share, in the three months ended Sept.

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Drugmaker Amgen posts big increases in 3Q profit, sales

2015-10-29 04:14:49| Biotech - Topix.net

This Nov. 9, 2014 file photo shows signage outside the Amgen headquarters in Thousand Oaks, Calif. Amgen Inc. on Wednesday, Oct. 28, 2015 reported third-quarter profit of $1.86 billion.

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Ballard posts big third-quarter loss but sees a rosier future

2015-10-29 03:58:24| Electronics - Topix.net

Princess Astrid of Belgium, centre, listens to a presentation at hydrogen fuel cell manufacturer Ballard Power Systems in Burnaby Tuesday. While auto manufacturers such as Mercedes and Toyota have been grabbing headlines on the more glamorous side of the hydrogen fuel-cell sector, it is proving to still be a tougher business for fuel-cell manufacturer Ballard Power Systems, which recorded another multi-million-dollar loss in the third quarter of 2015.

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