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ConocoPhillips posts 4th-quarter loss, slashes dividend
2016-02-04 15:44:35| Oil & Gas - Topix.net
ConocoPhillips posted a wider-than-expected loss in the fourth quarter and slashed its quarterly dividend by 66 percent as oil prices continue to drop.
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ConocoPhillips posts 4th-quarter loss, slashes dividend
2016-02-04 15:26:21| Energy - Topix.net
ConocoPhillips posted a wider-than-expected loss in the fourth quarter and slashed its quarterly dividend by 66 percent as oil prices continue to drop.
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Sharp posts loss amid bailout talks
2016-02-04 08:03:03| BBC News | Business | UK Edition
Japanese electronics firm Sharp posts a net loss of $918m (630m) even as it considers multiple bailout offers.
Oilsands giant Suncor posts $2-billion net loss during fourth quarter
2016-02-04 05:27:46| Oil & Gas - Topix.net
Suncor Energy, Canada's biggest oilsands player, has posted a net loss of $2 billion for the final three months of 2015 as it was walloped by the steep drop in crude prices. In addition to the oil price collapse, Suncor's bottom line was dragged down by nearly $1.6 billion in impairment charges and a $382 million foreign exchange loss related to its U.S. dollar-denominated debt.
GlaxoSmithKline posts loss of $616 million for 4th quarter
2016-02-03 19:55:20| Biotech - Topix.net
British-based drugmaker GlaxoSmithKline posted a loss of 428 million pounds for the fourth quarter of 2015 - compared with a profit of over 1 billion pounds for the same period a year earlier- as the company moved to integrate new businesses. CEO Andrew Witty said Wednesday the healthcare environment remains challenging, but GSK remained focused on its integration and restructuring program.
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