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BP Profit Falls 91%, Missing Estimates, as Oil Slump Deepens

2016-02-02 13:02:27| Oil & Gas - Topix.net

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. BP Plc reported a 91 percent decline in fourth-quarter earnings after average crude oil prices dropped to the lowest in more than a decade.

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Nintendo profit falls as Wii U flails

2016-02-02 13:02:05| BBC News | Business | UK Edition

Nintendo's latest quarterly profit is 36% down, fuelling speculation it plans to reveal a successor to the Wii U soon.

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Nintendo Profit Falls 36% on Lack of Hit Games, Currency

2016-02-02 11:03:28| Electronics - Topix.net

Nintendo Co. reported a 36 percent fall in third-quarter profit after a lack of hit game titles hurt holiday sales of its Wii U and 3DS hardware and the absence of currency windfalls that boosted the year earlier.

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Kiwi dollar falls after RBNZ adopts easing bias, Fonterra cuts forecast payout

2016-01-29 02:30:50| Food - Topix.net

The New Zealand dollar fell as the Reserve Bank adopted a bias towards lower interest rates with cheap fuel keeping a lid on inflation and Fonterra Cooperative Group reducing its forecast payout to farmers on dismal dairy prices. The kiwi dropped to 64.44USc at 5pm in Wellington from 65.18USc at 8am and 64.77USc yesterday.

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Norfolk Intermodal Volume Falls

2016-01-28 12:55:20| Railroads - Topix.net

Norfolk Southern Railway has announced disappointing financial results, and a cost-cutting plan that could eliminate two thousand jobs over the next four years. Norfolk has assured shareholders that despite weak carload volume and tumbling intermodal traffic producing a double-digit profit loss, the railroad remains better on its own.

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