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UnitedHealth 4Q profit drops, still tops Street 4Q forecasts

2016-01-19 14:50:50| Beverages - Topix.net

This Tuesday, Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group Inc. reports quarterly financial results on Tuesday, Jan. 19, 2016.

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Oil firm Saudi Sabic's quarterly profit drops 29%

2016-01-18 02:33:38| Chemicals - Topix.net

Saudi Basic Industries Corp., one of the world's largest petrochemical companies, on Sunday posted a 29.4% drop in quarterly profit as sales prices for its products fell. The company, better known as Sabic, made a net profit of 3.08 billion riyals for the three months period ending Dec. 31, down from 4.36 billion riyals for the same period last year, it said in a brief statement posted on the local stock market's website.

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UPDATE 2-Cargill 2nd-qtr profit drops 13 pct amid commodities slump

2016-01-08 10:03:39| Food - Topix.net

Global commodities trader Cargill Inc on Thursday reported a 13 percent drop in quarterly earnings before special items, citing lower commodities prices and weaker demand in some markets. A milder-than-normal start to the winter in North America curbed earnings from products such as road salt and pressured prices of natural gas and power, which hurt the privately held company's energy trading results.

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