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Statoil reports larger 4th quarter loss after oil price drop

2016-02-04 15:44:34| Oil & Gas - Topix.net

Norwegian energy group Statoil posted a net loss of 9.2 billion kroner for the fourth quarter amid the drop in oil prices. Norway's biggest oil company said Thursday the quarterly results "continue to be severely influenced by low prices," adding the loss was 3 per cent larger than a year earlier.

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Vodafone reports sixth consecutive quarter of sales growth

2016-02-04 13:13:51| Telecom - Topix.net

Mobile phone giant Vodafone has notched up its sixth consecutive quarter of revenue growth, lifted by a strong performance in the emerging markets. The group saw organic service revenue - a closely-watched measure of sales - rise 1.4% to A 9.2 billion in the three months to the end of December last year, beating the 1.2% rise in the previous quarter.

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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.

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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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2015 Enforcement Actions and Penalties - 4th Quarter

2016-02-03 02:36:54| PortlandOnline

2015 4th quarter enforcement actions PDF Document, 141kbCategory: Enforcement Actions

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