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PG&E operating profits beat expectations, utility offers rosy 2015 outlook

2015-04-29 19:17:41| Energy - Topix.net

PG&E, attempting to push past the aftermath of a record-setting fine to punish the utility for a fatal explosion in San Bruno, offered on Wednesday a rosy outlook for its 2015 fiscal year, and reported first-quarter operating profits that beat Wall Street's expectations. "The lessons of San Bruno will never be forgotten and will continue to guide our work," Anthony Earley, PG&E's chief executive officer, said in a prepared release.

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Gazprom profits hit by weak rouble

2015-04-29 11:47:12| BBC News | Business | UK Edition

Russia's largest energy company, Gazprom, reports a plunge in annual profits after being hit by the fall in the value of the rouble and lower energy prices.

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Argos owner reports rise in profits

2015-04-29 08:53:58| BBC News | Business | UK Edition

The owner of Argos and Homebase, Home Retail Group, reports an increase in annual profits.

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BP profits soar on strong refining

2015-04-29 07:02:16| Oil & Gas - Topix.net

BP reported first-quarter profit of $2.58 billion on Tuesday, largely beating expectations, as a hefty increase in refining revenue offset a slump in oil production earnings.

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Cirrus Logic posts strong Q4 profits

2015-04-29 03:19:14| Electronics - Topix.net

Cirrus Logic Inc. on Tuesday reported a 49 percent surge in fourth-quarter profits and easily topped analysts earnings projections. The Austin-based company that makes integrated circuits for smartphones, tablets and other devices posted a net income of $21.3 million, or 32 cents per share, on revenue of $255.1 million compared with a net income of $12.6 million, or 20 cents per share, on revenue of $149.6 million during the same period last year, according to a filing with the U.S. Securities and Exchange Commission .

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