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Report: Americas registered highest M&A activity in the midstream industry in Q4 2016

2017-02-03 01:00:00| Hydrocarbons Technology

Mergers and acquisitions in the midstream industry in last year's fourth quarter (Q4 2016) was the highest in the Americas, according to a report by GlobalData.

Tags: report registered industry activity

 

Report: India and Mexico to offer new fiscal regimes for bid rounds closing Q4 2016

2016-10-28 01:00:00| Hydrocarbons Technology

A total of 11 oil and gas bid rounds are due to close in the fourth quarter of 2016, according to a report by GlobalData.

Tags: report offer mexico india

 
 

Apple sales fall as expected, sees stronger Q4

2016-10-25 23:22:00| Telecompaper Headlines

(Telecompaper) Apple reported lower sales on an annual basis for the third consecutive quarter in Q3, but the 9 percent drop to USD 46.85 billion was in line with the company's outlook. Net profit dropped to USD 9.01 billion or USD 1.67 per share from USD 11.12 billion or USD 1.96 per share a year ago. With the iPhone 7 only launching in late September, revenues from the company's flagship product fell 13 percent year-on-year but were up 17 percent from the previous quarter to USD 28.16 billion. Unit sales reached 45.51 million, down 5 percent on an annual basis and 13 percent higher compared to the previous quarter.

Tags: sales fall expected apple

 

Samsung warns for EUR 2.4 bln revenue drop in Q4, Q1

2016-10-14 09:51:00| Telecompaper Headlines

(Telecompaper) After lowering its guidance for the third quarter on the back of its Galaxy Note 7 woes, Samsung said it expects a drop in revenue to continue affecting revenues the following two quarters. The company said the move will have a negative impact of mid KRW 3 trillion (EUR 2.4 billion) on its operating profit from the fourth quarter of this year through the first quarter of next year. The impact is expected to be in the mid KRW 2 trillion range for Q4 2016 and RWN 1 trillion for Q1 2017.

Tags: eur drop samsung revenue

 

Report: Barataria project in Gulf of Mexico scheduled to be online by Q4 2016

2016-09-16 01:00:00| Offshore Technology

Gulf of Mexico deepwater project Barataria is planned to come online by the fourth quarter of 2016, according to a report by GlobalData.

Tags: online report project mexico

 

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