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Tag: loss
Softbank tumbles into loss amid WeWork woes
2019-11-06 10:32:49| BBC News | Business | UK Edition
The Japanese investment giant's boss admits he exercised poor judgement over the shared office firm.
Whiting Petroleum Posts Loss On Lower Crude, Natural Gas Prices
2019-11-05 22:23:09| OGI
The company reported a net loss of $19.1 million, or 21 cents per share, in the third quarter ended Sept. 30, compared with a profit of $121.4 million, or $1.32 per share, a year earlier.
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Occidental To Slash Spending After Swinging To Loss
2019-11-05 07:23:00| OGI
Occidental Petroleum Corp. said on Nov. 4 it would slash spending on big projects by 40% next year, as it missed earnings estimates in its first results after closing its $38 billion purchase of rival Anadarko Petroleum.
T-Mobile merger can't come quick enough for Sprint, as it slumps to another quarterly loss
2019-11-04 01:00:00| Total Telecom industry news
US carrier Sprint has posted a net loss of $274 million for the quarter, as the company continues to await final approval for its proposed merger with T-Mobile. While the proposed $26.5 billion deal is a merging of the two companies…read more on TotalTele.com »
Higher Bakken Output Helps Hess Post Smaller Loss, Raise Production View
2019-10-30 15:14:43| OGI
Production from Bakken rose 38% to 163,000 barrels of oil equivalent per day (boe/d) in the quarter, helping net production, excluding Libya, rise about 4% to 290,000 boe/d.
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