BP profits hit by lower oil price
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Trading Insights for 16th October 2009
By: Arrnica
Equity Cash Market Calls: - Buy Call for HDFC Bank at market rate - Book Profit at 1860 - Buy Call for Carnut at market rate - Book Profit at 235 Companies in positive news today: Company Name: Vadilal Industries Ltd. Scrip ID: VADIND News: 1.66 crore net profit in September 2009 as against .34 crore in September 2008 Exchange: BSE Closing ...
about 1 month ago
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Oil Reaches YTD High of Over $75 Per Barrel
Oil Reached a YTD High of over $75usd Per Barrel today. Thew Dollar index has fallen lower and helped bring up the price of commodities in general. Meanwhile the Dow Jones Industrial Average has made a new YTD high crossing the psychologically significant 10,000 mark which also helped oil. Gold is now trading nearly even today after falling a bit ...
about 1 month ago
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By: RayMerle
After a 27 percent net income increase from a year ago, CEO says "worst of the recession is behind us." This is Google's largest quarterly profit. This is based on a 7 percent yearly climb in revenues. The net income is $1.64 billion. Google expects to start hiring, buying companies and investing in new technology. Google will need ...
about 1 month ago
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By: MohammadHassan
Online search giant Google says the worst of the recession is over as it reported quarterly profit and sales that rose from year-earlier results and easily topped Wall Street's forecasts. "Google had a strong quarter-we saw 7 percent year-over-year revenue growth despite the tough economic conditions," said Eric Schmidt, Google's chief executive, ...
about 1 month ago
- News Source: Fox News | 27 days agoBG Group said Wednesday that its third-quarter net attributable profit totaled 484 million pounds ($792.4 million), from 857 million pounds a year ago. Revenue fell to 2.2 billion pounds, from 3.3 billion pounds last year, hit by lower oil and gas...
- News Source: Times Online | 28 days agoThe company, Britain’s largest by market value, reported profits of $4.98 billion (£3.04 billion) for the three months to September 30, up 59 per cent on the previous three-month period. Weaker oil prices meant that profits were still less than...
- News Source: The Scotsman | 28 days agoOIL giant BP saw a big dip in profits in the last quarter, but the better-than-expected figures showed that chief executive Tony Hayward's cost-cutting drive was delivering results. BP revealed its drive on costs had been lifted by another $1 billion...
- News Source: The independent | 28 days agoBP is raising its cost-cutting target by $1bn (£612m) after a 50 per cent fall in the oil giant's third-quarter profits to $4.98bn (£3.05bn) beat analyst expectations by a wide margin. Lower profits were widely expected given that crude prices of...
- News Source: The Age | 28 days agoBut the company's share price surged 4.21 per cent as the result was better than expected and it ramped up its cost-cutting target for the year. BP said in a results statement on Tuesday that total sales fell 37 per cent to $US67.9 billion ($A74...
- News Source: Guardian Unlimited | 28 days agoBP quarterly profits halve but beat City forecasts • Oil group's shares closed 5% higher at 594.5p • Analysts impressed by cost cutting that saved £1.8bn BP cut costs by £1.84bn meeting chief executive, Tony Hayward's target. Photograph...
- Blog Source: www.cnbc.comBP beat third-quarter earnings forecasts by a big margin as its cost-cutting program proved more successful than expected, prompting the British oil major to increase its target for savings for the year.
- Blog Source: www.washingtonexaminer.comEuropean markets had risen in morning trading, driven by oil stocks after BP's third-quarter results beat analysts' expectations, while Wall Street opened solidly higher after a new report showed home prices rose in August. But those gains were
- Blog Source: www.savvyinvestor.comNEW YORK (MarketWatch) – U.S. stocks pushed higher recently after dipping earlier on weak consumer and manufacturing data, as investors pushed the energy sector higher following a bigger third-quarter profit from oil major BP PLC (BP) than ... The
- Blog Source: royaldutchshellplc.comN), the fourth-largest U.S. oil company, but with no refineries, reported on Thursday a 60 percent drop in quarterly profit. It offset some of the impact of weaker oil prices by growing production. [ID:nN21511962]. BP reports results ...
- Blog Source: www.dividend.comnational-oilwell-varco-q3-profit-falls-still-beats-. Oilfield services company National-Oilwell Varco, Inc. (NOV) on Monday posted lower third quarter earnings, hurt by a big slowdown int he oil drilling sector, but results still beat analyst ... The
- Blog Source: contraversy.multiply.comNote, #RT or Share | Oil Giant BP Reports 50% Drop In Profits http://tinyurl.com/yfzxjb4, Oct 27, '09 4:03 AM for everyone ... Photos of Anthony · Personal Message · RSS Feed [?] Report Abuse ...
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@oskargarcia Casino operators reporting tough times. Wynn 3Q profits down (http://bit.ly/2bqwkw) while Harrah's lost $1.6B. AP: http://bit.ly/3JRduQ
28 days ago -
@LizClaman We've got the "Case" of "Case Shiller Home Price Index on what happens if the 1st-time home buyer tax credit expires. Answer @ 3pET on FBN
28 days ago
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