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Chevron posts unexpected loss of $588 million in fourth quarter, warns of job cuts
2016-01-29 17:10:01| Oil & Gas - Topix.net
Chevron lost $588 million in the fourth quarter of 2015, a setback that was unleashed by a slide in oil prices, leading Chevron to warn that a fresh round of expense reductions, including job cuts, would be in the offing for 2016, the company reported Friday. "Our 2015 earnings were down significantly from the previous year, reflecting a nearly 50 percent year-on-year decline in crude oil prices," said George Watson, Chevron's chief executive officer, in a prepared release.
Bristol-Myers posts 4Q loss, but beats views as sales rise
2016-01-28 15:49:17| Biotech - Topix.net
Bristol-Myers Squibb Co. swung from a tiny profit to a loss in the fourth quarter as it fought multiple headwinds, but it still beat Wall Street expectations.
Under Armour posts best quarterly growth of year
2016-01-28 14:35:00| Daily apparel & textile news and comment - from just-style.com
Performance wear specialist Under Armour has posted its best quarterly growth of the year as fourth-quarter earnings soared and net revenues in apparel, its largest product category, surged 22%.
Tags: year
posts
growth
quarterly
SCA Posts Sales Growth in 2015
2016-01-28 06:00:00| Nonwovens Industry Breaking News
Overall sales and personal care sales both up 11%.
As Mobile Business Struggles, LG Electronics Posts Loss
2016-01-28 01:42:45| Electronics - Topix.net
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Tags: business
posts
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electronics
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