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Occidental Petroleum Posts Loss After Taking Over $1.7 Billion Impairment, Charges

2020-02-28 16:00:00| OGI

Occidental Petroleum has been aggressively cutting costs by laying off staff and selling assets to pay down its $38.54 billion debt pile following its acquisition of Anadarko Petroleum.

Tags: posts taking loss charges

 

Cellnex revenues up 15% to over EUR 1 bln in 2019, narrows net loss

2020-02-26 09:20:00| Telecompaper Headlines

(Telecompaper) Spanish operator Cellnex Telecom, Europe's largest mobile towers company, reported full-year revenues of EUR 1.035 billion in 2019, up 15 percent on the year-earlier result of EUR 901 million, completing its fifth straight year of double-digit growth. The company's EBITDA rose 16 percent to EUR 686 million and it reduced its net loss for the 12-month period to EUR 9 million from EUR 15 million the year before despite higher amortisations and financial costs associated with the growth of the group and the expansion of its geographical footprint.

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Sun's owner reports 68m loss as paper sales fall

2020-02-23 22:07:01| BBC News | Business | UK Edition

News Group Newspapers still paying out millions over phone-hacking scandal.

Tags: sales paper reports fall

 

Divisive weight loss wager firm targets UK dieters

2020-02-07 01:01:35| BBC News | Business | UK Edition

American-style weight loss 'betting' websites are using social media to reach British dieters.

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Uber sees path to profit despite $1.1bn loss

2020-02-06 23:57:54| BBC News | Business | UK Edition

Spending to expand its Uber Eats food delivery business impacted the firm's bottom line.

Tags: loss path profit sees

 

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