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Total Profits Hit By Volatile Oil Prices Despite Record Output

2019-04-26 18:19:53| OGI

Total's adjusted net profit, which was down for the first time since the fourth quarter of 2016, was hit by lower oil prices, with the Brent price averaging $63 per barrel in the January to March period, down 6% year-on-year.

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RBS warns of Brexit uncertainty impact as profits fall

2019-04-26 08:53:23| BBC News | Business | UK Edition

The bank says uncertainty over Britain's exit from the EU could "make income growth more challenging".

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Norways PGS Upbeat On 2019 Profits As Seismic Demand, Prices Soar

2019-04-25 14:58:30| OGI

Norwegian seismic surveyor Petroleum Geo Services (PGS) expects to have significantly higher profitability in 2019 as demand and prices are increasing, despite lower earnings in the first quarter, the company said on April 25.

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Microsoft grows quarterly profits 20% as Azure revenues jump 73%

2019-04-25 08:44:00| Telecompaper Headlines

(Telecompaper) Microsoft reported another strong quarter of results driven by its cloud business. Revenue for the fiscal third quarter to March rose 14 percent to USD 30.6 billion, and operating profit was up 25 percent to USD 10.3 billion. Net profit increased 19 percent to USD 8.8 billion, and the EPS rose 20 percent to USD 1.14. 

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Boeing uncertain how 737 crashes will hit profits

2019-04-24 15:56:52| BBC News | Business | UK Edition

Boeing still does not know how the crisis over the safety of its 737 Max jets will hit its financial performance.

Tags: hit profits uncertain crashes

 

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