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BP profits hit by Russia problems

2014-10-28 09:01:29| BBC News | Business | UK Edition

BP's quarterly profits fall 21% to $3bn as the falling value of the rouble and lower oil prices take their toll.

Tags: problems hit russia profits

 

Auto News: New Trucks Hurt Ford Profits, Jeep Says Wrangler Won't Be Watered Down

2014-10-27 01:19:46| Automakers - Topix.net

The massive changes needed to Ford's truck factories in order to produce the new F-150 meant that the current F-150, shown, was in short supply last quarter. That hurt Ford's bottom line.

Tags: news down auto ford

 
 

Falling oil price puts BP's profits at risk of 20% drop, say analysts

2014-10-26 23:28:39| Oil & Gas - Topix.net

The dramatic effect of falling oil prices on profits in the energy sector will be underlined this week as BP unveils third quarter earnings that could be as much as 20% lower than the same period last year. The cost of crude on global markets has plunged since June, reflecting faltering growth in the world economy, reduced fears about Middle East production levels and soaring US shale output.

Tags: price say risk oil

 

Biotech, Medical Profits Strong

2014-10-25 21:40:02| Biotech - Topix.net

EPS climbed 24% and it raised guidance after upbeat Crohn's drug data. Shares rose 17% for the week, hitting a new high.

Tags: medical strong profits biotech

 

Restructuring moves cut into Sensient 3Q profits

2014-10-25 17:25:07| Food - Topix.net

Sensient Technologies Inc. supplies colors, flavors and fragrances to the cosmetic industry, as well as a number of other markets. Sensient Technologies Corp. reported a 32 percent drop in net income in the third quarter because of costs related to efforts to consolidate manufacturing facilities and eliminate underperforming operations.

Tags: cut moves profits restructuring

 

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