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Schlumberger Profit Falls 30% on Weak Oil Prices

2015-07-17 02:21:18| Oil & Gas - Topix.net

Schlumberger Ltd.'s second-quarter earnings fell 30% on plunging revenue, as the oil-services sector continues to grapple with weak oil prices. Schlumberger reported a profit of $1.12 billion, or 88 cents a share, down from $1.6 billion, or $1.21 a share, a year earlier.

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Ascena falls after cutting profit forecast on slow Justice sales

2015-07-14 02:44:19| Apparel - Topix.net

Ascena Retail Group Inc. fell the most in more than nine months after cutting its profit forecast for the year because of slower-than-expected sales at its Justice and Dressbarn stores. Earnings in the year through July 25 will be 57 cents to 60 cents a share, excluding some items, down from a previous projection of 70 cents to 75 cents, the Mahwah, New Jersey-based company said Friday in a statement.

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FedEx Falls With Quarterly Profit, Sales Trailing Estimates

2015-06-17 14:55:26| Air Courier - Topix.net

Earnings excluding some one-time items will be $10.60 to $11.10 a share in the fiscal year ending May 31, FedEx said Wednesday. FedEx Corp. slid in early trading after the operator of the world's largest cargo airline posted a fourth-quarter profit that trailed analysts' estimates.

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Telkom Group net profit falls 19.5% to ZAR 2.9 bln

2015-06-09 11:09:00| Telecompaper Headlines

(Telecompaper) Telkom Group reported a 19.5 percent decline in its net profit to ZAR 2.9 billion for the financial year ended 31 March from ZAR 3.6 billion a year earlier. Its number of ADSL internet lines surpassed 1 million but that its total number of fixed lines fell 4.9 percent during the period from 3.62 million to 3.439 million. Net revenue increased 3.1 percent to ZAR26 billion and EBITDA rose 15.1 percent to ZAR 9 billion.

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Exxon's 1Q profit falls 46 percent amid decline in oil price

2015-04-30 16:11:44| Oil & Gas - Topix.net

Lower oil prices pushed Exxon Mobil Corp.'s first-quarter profit down 46 percent, but the results still beat Wall Street expectations. Exxon said Thursday that it earned $4.94 billion - a huge sum but the weakest first quarter for the oil giant since 2009.

Tags: price percent oil falls

 

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