Tuesday, November 1, 2016

Shell Stock Up As It Turns To Profit In Q3, Projects Uncertain Outlook

Shares of Royal Dutch Shell plc (RDS-B, RDSB.L, RDSA.L, RDS-A) were gaining more than 3 percent in the early morning trading in London and Amsterdam after the oil & gas giant reported a CCS earnings in its third quarter, compared to a hefty loss last year. Revenues, meanwhile, declined, reflecting lower prices.

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Standard Chartered Q3 Pre-Tax Statutory Profit Falls

Standard Chartered Plc (SCBFF.PK, STAC.L, STAN.L) Tuesday reported third quarter statutory profit before taxation to $153 billion, down from $430 million last year. While operating income slightly declined to $3.465 billion from $3.682 billion a year ago.

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Weir Group Sees FY Earnings Slightly Below Market View - Quick Facts

UK-based engineering solutions provider Weir Group Plc. (WEIR.L) reported that its third-quarter revenues, on a constant currency basis, were in line with expectations.

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BP Plc Q3 Profit Decreases On Underlying Replacement Cost Basis - Quick Facts

BP plc (BP.L, BP_UN.TO, BP) reported a profit for the third quarter of 2016 of $933 million or 4.96 cents per share on an underlying replacement cost basis compared to $1.8 billion or 9.92 cents per share, for the third quarter of 2015. The company said its result was affected by a weaker price and margin environment. It was also negatively impacted by a number of mainly one-off and non-cash items in the Upstream. The result included benefits from lower cash costs being incurred throughout the Group and a positive one-time tax credit. Profit to shareholders was $1.62 billion or 8.56 cents per share compared to $46 million or 0.25 cents per share, a year ago.

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Markets focused on election, M&As: Investor

Investors' biggest concern is that there'll be both a Democrat presidency and house majority, says Hugh Johnson, chairman of Hugh Johnson Advisors.

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Pfeiffer Vacuum Technology Q3 Profit Edges Down - Quick Facts

German vacuum pumps maker Pfeiffer Vacuum Technology AG (PFFVF.PK, PVTCY.PK) reported that its net income for the third quarter declined 0.9 percent to 10.5 million euros from 10.6 million euros in the same period last year.

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Monday, October 31, 2016

Sony Q2 Profit Down 86% On Lower Sales - Quick Facts

Japanese consumer electronics maker Sony Corp. (SON.L, SNE) reported that its second-quarter net income attributable to stockholders fell 85.6 percent to 4.8 billion Japanese yen or $48 million from last year's 33.6 billion yen. Earnings per share dropped 85.6 percent to 3.76 yen or $0.04 from 26.10 yen last year.

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