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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.
Analysts Focus On Deckers Outdoor Q2 Beat; Shares Sink
2014-10-25 16:56:21| Footwear - Topix.net
Deckers Outdoor Corp shares suffered Friday on a disappointing earnings outlook for the holiday period but analysts mostly looked on the bright side. Deckers lost 7 percent in the afternoon session Friday, trading at $81.27 per share.
Tags: focus
outdoor
beat
shares
Tesco's H1 profit plunge: What the analysts say
2014-10-23 13:41:00| Daily apparel & textile news and comment - from just-style.com
In an unsurprising announcement this morning (23 October), troubled UK retail behemoth Tesco posted a 92% decline in first-half profits, weighed down by its higher-than-expected accounting error. While many analysts believe Tesco can now draw a line under its darkest days, views are mixed on how fast a turnaround, if any, is likely for the business.
Tags: say
profit
analysts
plunge
Weekly Research Analysts' Ratings Changes for Sonoco Products Company
2014-10-23 10:54:27| Paper - Topix.net
Sonoco Products Company had its "equal weight" rating reaffirmed by analysts at Barclays. They now have a $41.00 price target on the stock, down previously from $43.00.
Tags: company
products
research
ratings
Asos FY profit drop: What the analysts say
2014-10-21 13:05:00| Daily apparel & textile news and comment - from just-style.com
Online apparel retailer Asos this morning (21 October) booked a mixed set of full-year results as sales climbed but profits fell due to the strong pound, operational investments and the impact from its warehouse fire. Analysts gave a mixed view of the results.
Tags: say
drop
profit
analysts
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