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Exxon and Chevron profits are down over 50%

2015-07-31 20:18:15| Oil & Gas - Topix.net

Big Oil earnings have nosedived in the past year. The latest results that came out Friday were even worse than expected.

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Chevron profits plunge on weaker crude oil prices

2015-07-31 20:18:14| Oil & Gas - Topix.net

Chevron profits plunged 91 percent, a feeble financial result that was caused by falling oil prices and charges against earnings, the energy giant reported Friday in a release that came days after wide-ranging job cuts by the company. Shares of Chevron nose-dived more than 4 percent on Friday following the report, which missed Wall Street's expectations.

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Falling costs boost Q2 profits for IAG airlines group

2015-07-31 12:03:58| Airlines - Topix.net

International Airlines Group, which owns British Airways and Iberia, announced a rise in net profits in the second quarter on Friday thanks to falling costs and fuel bills. Operating profit rose by 40 percent to 530 million euros, driven by increases at British Airways and Iberia, although profits at Spanish low-cost airline Vueling fell.

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Airbus reports profits up by 34%

2015-07-31 10:28:59| BBC News | Business | UK Edition

Europe's aircraft maker Airbus group beats forecasts with a rise in profits for the first half of the year.

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BA owner IAG in big profits jump

2015-07-31 08:37:44| BBC News | Business | UK Edition

BA and Iberia owner International Airlines Group (IAG) reports a big jump in second quarter profits.

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