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LG profit sinks as smartphone business suffers loss
2015-10-29 09:01:42| Electronics - Topix.net
" LG Electronics said Thursday its mobile communications division suffered its first operating loss in more than a year, dragging down the company's overall earnings for the third quarter. The mobile business lost 77.6 billion won for the July-September quarter.
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Suncor posts third-quarter loss of $376 million
2015-10-29 08:56:40| Oil & Gas - Topix.net
Oil producers like Suncor have been squeezed by persistent weakness in crude prices, which have fallen to around $43 a barrel - down 60 per cent from the high point last year. Suncor Energy Inc. has posted a third-quarter net loss of $376 million, a sharp reversal from the $919-million profit from the same period a year earlier.
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Canada oil-sands giant Suncor posts loss
2015-10-29 08:56:39| Oil & Gas - Topix.net
Suncor Energy Inc., Canada's largest crude-oil producer, reported a third-quarter net loss on a foreign exchange-related charge and slumping crude oil prices, setting a grim tone for the Canadian energy industry's earnings. The Calgary company posted a net loss of 376 million Canadian dollars , or 26 Canadian cents a share, in the three months ended Sept.
Cancelled projects push Shell into loss
2015-10-29 08:34:14| BBC News | Business | UK Edition
Royal Dutch Shell reports a loss for the third quarter of the year, after taking big charges to cover the cost of halting projects such as drilling for oil in the Arctic.
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Range Resources swings to a loss in third quarter; Verizon announces...
2015-10-29 08:24:10| Telecom - Topix.net
Hit by the same low oil and gas prices hammering other Marcellus Shale producers, Range Resources Corp. said it lost $301 million, or $1.81 per share, during the past three months. Last year, the Texas-based company posted a $146 million profit, or 87 cents per share, during the quarter.
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