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UFlex posts strong Q1 numbers
2020-08-20 02:26:50| Label and Narrow Web Breaking News
The India-based flexible packaging company saw consolidated net profit surge by 116.7% YoY.
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Ice Group posts 2nd quarterly positive EBITDA, lifts smartphone revenue 19%, holds talks over more funding
2020-08-18 09:54:00| Telecompaper Headlines
(Telecompaper) Norwegian mobile operator Ice Group has announced positive adjusted EBITDA for the second quarter in a row in Q2 2020 and extended its customer base for the 21st consecutive quarter. Smartphone service revenue was up by 19 percent year on year and the operator has a 10 percent market share. It announced talks for more funding and will release details about this once they have reached a conclusion.
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Occidental Petroleum Posts Fourth Straight Quarterly Loss on $6.6 Billion Write-down
2020-08-10 22:30:00| OGI
Occidental Petroleum posted its fourth straight quarterly loss on Aug. 10 as it recorded a $6.6 billion impairment charge, largely to write down the value of its properties following a crash in oil prices.
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Marathon Oil Posts Smaller-than-expected Loss after Reining in Costs
2020-08-06 11:10:00| OGI
Excluding items, Marathon Oil posted a loss of 60 cents per share, smaller than analysts' estimate of 63 cents per share, according to Refinitiv IBES, while Parsley Energy posted a surprise profit.
Pioneer Natural Resources Posts Bigger Quarterly Loss
2020-08-04 23:25:00| OGI
Despite the loss, Pioneer Natural Resources generated $165 million of free cash flow for the quarter, which President and CEO Scott D. Sheffield attributed to significant cost reductions and operational efficiency improvements.
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