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Arctic Drilling: A Giant Gamble for the Planet and Shells Bottom Line
2015-08-31 14:47:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: Its a gamble--some would say a giant gamble. Before even one litre of oil has been found, the Anglo-Dutch Shell group is believed to have spent more than US$7 billion--just making preparations for its latest Arctic venture. Shell is betting on finding the oil industrys Holy Grail: according to 2008 estimates by the U.S. Geological Survey, the Arctic contains more than 20 percent of the worlds remaining hydrocarbon resources--including at least 90 billion barrels of oil. If Shell does strike...
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HP bottom line falls short of expectations
2015-08-21 08:33:00| Telecompaper Headlines
(Telecompaper) HP reported underlying earnings better than expected in its fiscal third quarter to July. Adjusted earnings fell to USD 0.88 per share from USD 0.89 a year ago, less than the company's outlook for USD 0.83-0.87. Net revenue declined 8 percent year-on-year to USD 25.3 billion. Excluding currency effects, revenue was down 2 percent. Reported earnings dropped to USD 0.47 per share from USD 0.52 a year ago, missing HP's outlook of 50-54 cents. The reported result includes after-tax costs of USD 750 million and USD 0.41 per share for the costs of separating the PC business, amortization of intangible assets, impairment of data centre assets and changes for retirement settlement, acquisitions and restructuring. HP CEO Meg Whitman said the company made good progress on its separation plans in the quarter, while the results showed a very strong performance in the Enterprise Group and substantial progress in turning around Enterprise Services. For fiscal Q4, HP forecast adjusted EPS of USD 0.92-0.98 and reported EPS of USD 0.12-0.18. Reported EPS is estimated lower than previously forecast over the full year, at USD 1.87-1.93, down from earlier guidance of USD 2.03-2.23
An Update on Beetles in Oaks Bottom
2015-08-13 00:49:28| PortlandOnline
Everything you need to know about the Sellwood Neighborhood biocontrol migration event
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Improved Q2 sales sees Jones Soda bottom line approach parity
2015-08-07 18:07:46| Daily beverage news and comment - from just-drinks.com
Jones Soda has seen a lift in sales in the three months to the end of June pull the bottom line nearer to the black for the half-year.
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Did Steel Stocks Just Hit A Bottom? J.P. Morgan Says Buying Opportunity Might Be Now
2015-07-30 20:42:18| Steel - Topix.net
In a report published Thursday, JP Morgan analyst Michael F. Gambardella said that the fundamentals for the domestic integrated steelmakers had recently bottomed. The analyst added that shirking imports, coupled with stable demand, could push steel prices higher through the end of the year.
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