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Exxon profit falls by half but production rises
2015-07-31 16:03:40| Oil & Gas - Topix.net
Exxon Mobil Corp. profit dropped by half in the second quarter on sharply lower oil and gas prices around the world, but the company's oil and gas production, which has been generally declining in recent years, surged. The company posted net income for the second quarter of $4.19 billion, down 52 percent from $8.78 billion in the second quarter of last year.
Tags: half
production
falls
profit
As real estate market booms, demand for lawyers rises, too
2015-07-31 14:25:25| Real Estate - Topix.net
The biggest firms in Philadelphia and other cities with booming real estate markets say finding lawyers skilled in handling the zoning, tax, and transactional pieces of complex projects has become a near impossibility. There simply aren't enough lawyers to go around, and that has stretched existing practice groups and forced firms to move lawyers internally from other specialties.
IHS: average age of light vehicles in US rises slightly in 2015 to 11.5 years; length of new vehicle ownership hits record high
2015-07-29 19:55:44| Green Car Congress
Nissan's quarterly profit rises 36 pct on cheap yen, US and Europe sales, sticks to forecasts
2015-07-29 14:05:01| Automakers - Topix.net
Nissan's April-June profit jumped 36 per cent as the Japanese automaker benefited from a cheap yen and better sales in the U.S. and Europe. Nissan Motor Co., which makes the March subcompact, Leaf electric car and Infiniti luxury models, reported Wednesday a fiscal first quarter profit of 152.8 billion yen .
Flotek Rises On The Growing Success Of Its Energy Chemistry Segment
2015-07-28 22:43:11| Chemicals - Topix.net
Shares of Flotek Industries Inc. jumped over 40% higher on Thursday, July 23. The company closed Wednesday at $12.79 and reached a high of $18.50 on July 23. After the market's close on Wednesday, Flotek had released its Q2 2015 earnings results which reversed a downward trend found in its sequential falling revenue amidst one of the most difficult periods of oil production in the past decade. As global oil prices have starkly fallen over the past year, oil service companies have been pinched with declining operational results.
Tags: energy
success
growing
chemistry
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