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US banks' profits hit by oil price fall

2016-04-14 15:03:41| BBC News | Business | UK Edition

Bank of America and Wells Fargo both report a fall in first-quarter profits after they put aside more cash to cover bad loans to energy firms.

Tags: price hit fall oil

 

As coal company profits fell, mining firms rewarded executives handsomely

2016-04-10 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Star Tribune: In 2011, the coal industry went on a shopping spree. Chinas economy was humming, and there seemed no limit to the amount of coal the countrys steel mills could consume. Americas coal companies, sensing an opportunity, rushed to acquire mines that produced the metallurgical coal essential to steel fabrication. Arch Coal paid $3.4 billion cash for the International Coal Group. Peabody Energy plunked down $5 billion for a majority stake in Australias MacArthur Coal. And Alpha Natural Resources...

Tags: company firms fell profits

 
 

Brick Brewing Co toasts 2015 sales, profits rise

2016-04-07 15:05:00| Daily beverage news and comment - from just-drinks.com

Brick Brewing Co has hailed a strong set of full-year results, despite what it has described as a "tumultuous year" for the beer industry.

Tags: sales rise profits brick

 

Samsung forecasts 10% jump in profits

2016-04-07 02:40:47| BBC News | Business | UK Edition

South Korea's electronics giant is forecasting a 10% jump in first quarter operating profit compared with the same time last year.

Tags: jump samsung profits forecasts

 

"Dynamic" full-year gives Constellation Brands 25% profits leap

2016-04-06 14:52:00| Daily beverage news and comment - from just-drinks.com

Constellation Brands has seen its healthy momentum continue through to the end of its fiscal year, with net profits increasing by just over a quarter.

Tags: brands dynamic profits leap

 

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