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- Shell Profits Beat Forecasts on Record Oil
- By Tom Bergin and Alex Lawler LONDON (Reuters UK) - Royal Dutch Shell RDSa beat all forecasts on Tuesday with a 12 percent rise in first-quarter current cost of supply CCS net income, helped by record oil prices which broke $100 a barrel in the period....
- News items 2008-04-29
- Shell Q1 Profits Beat Forecasts on Record Oil
- By Tom Bergin and Alex Lawler LONDON (Reuters) - Royal Dutch Shell Plc RDSa beat all forecasts on Tuesday with a 12 percent rise in first-quarter current cost of supply CCS net income, helped by record oil prices which broke $100 a barrel...
- News items 2008-04-29
- A&L Takes 192 Mln Pound Hit and Shares Fall
- By Clara Ferreira-Marques LONDON (Reuters UK) - Alliance & Leicester took a 192 million pound hit to profit on Tuesday from toxic assets, as analysts warned that sum could all but wipe out first-half profit and prompt a dividend cut. The country's seventh-largest bank offered reassurance...
- News items 2008-05-13
- Insurer AIG Has $7.8 Bln Q1 Loss, to Raise Capital
- By Lilla Zuill NEW YORK (Reuters) - American International Group Inc AIG, the world's largest insurer, posted its largest ever quarterly loss on Thursday after writing down assets linked to subprime mortgages, and said it would raise $12.5 billion to strengthen...
- News items 2008-05-08
- House Prices Post Biggest Fall Since 1993
- By Matt Falloon and Sumeet Desai LONDON (Reuters UK) - House prices took their steepest annual fall in 15 years in April, data from the country's biggest mortgage lender showed on Friday, stoking fears of a deep downturn this year. The weak figures from HBOS come...
- News items 2008-05-02
- Coventry Health Profit Up 3 Percent
- NEW YORK (Reuters) - Insurer Coventry Health Care Inc CVH posted a 3 percent first-quarter profit increase on Friday, matching Wall Street estimates, helped by higher membership. The company forecast second-quarter earnings below analyst estimates but backed its full-year outlook, which...
- News items 2008-04-25
- Shire's Vyvanse Forecast Disappoints
- By Mark Potter LONDON (Reuters UK) - Shire SHP said on Friday that 2008 sales of its biggest drug hope, Vyvanse for attention deficit hyperactivity disorder ADHD, were likely to be at the lower end of its forecasts, hitting its shares. Shares in the third-biggest drugmaker...
- News items 2008-04-25
- Shoppers Went For Bargains in April Rebound
- By Justin Grant NEW YORK (Reuters) - Retail sales rebounded in April after the worst March in 13 years, as warmer weather boosted demand for spring and summer apparel, while most discounters shined as cash-strapped consumers hunted for bargains. April sales at U.S....
- News items 2008-05-08
- Hansen Has a Great Quarter, but Not to Wall Street
- After plowing through news reports after a company reports earnings, it's often refreshing to take a look at the Motley Fool. While wire services, newspapers and most stock-oriented blogs tend to focus on whether or not a company has "met Wall Street expectations" for the latest quarter, the Fool --...
- Blog posts 2008-05-09
- Oil Prices Hold Despite Thursday's Rally
- Oil prices held steady on Friday as investors locked in profits from a near-record rally to near $124 a barrel on Thursday.Meanwhile, light, sweet crude for June delivery fell 12 cents to $123.41 a barrel on the New York Mercantile Exchange Thursday but alternated between gains and losses. Prices...
- News items 2008-05-09
- Pentagon Plays the PR Game To Win
- I'm having a hard time getting terribly worked up about the New York Times story that the Pentagon used media training tactics to prep retired military officers for appearances as military analysts on TV talk shows. This has nothing to do with my position on the Iraq...
- Blog posts 2008-04-22
- Enterprise Inns Profit Falls
- By Mark Potter LONDON (Reuters UK) - Enterprise Inns ETI, the country's second-biggest pubs group, posted an 11 percent fall in first-half profit, in line with expectations, and said trading was likely to stay tough as consumers rein in spending. The firm also said on Tuesday...
- News items 2008-05-13
- Hanesbrands Profit Tops View, Sales Miss
- By Martinne Geller NEW YORK (Reuters) - Underwear maker Hanesbrands Inc HBI reported a much better-than-expected quarterly profit on Monday, due to efforts to cut costs and reduce interest expense by paying off debt. But total net sales fell 5 percent due to...
- News items 2008-04-21
- Stagecoach to Top Forecasts
- LONDON (Reuters UK) - Stagecoach Group SGC expects to beat analysts' earnings forecasts, driven by a strong performance in its rail operations, and will invest in more environmentally-friendly buses, it said on Monday. Shares in the transport group surged as much as 7.1 percent to...
- News items 2008-04-28
- Oil Prices Jump Over $US123
- Oil futures extended their seemingly relentless advance Wednesday, rising to a new record near $US124 a barrel as investors captivated by the market's upward momentum looked past the government's report of an increase in crude and gasoline supplies.Light, sweet crude for June delivery hit a new trading record of...
- News items 2008-05-08
- BG Makes Bid For Australia's Origin
- By Fayen Wong and Tom Bergin PERTH/LONDON (Reuters UK) - Gas producer BG Group has made a $12 billion (6.08 billion pound) bid approach to Origin Energy, seeking to bolster its position in the fast-growing Asia-Pacific gas market by securing the Australian utility's gas reserves....
- News items 2008-04-30
- Britain's BG Bids $12 Bln For Australia's Origin
- By Fayen Wong and Tom Bergin PERTH/LONDON (Reuters) - UK gas producer BG Group Plc has made a $12 billion bid approach to Origin Energy Ltd, seeking to bolster its position in the fast-growing Asia-Pacific gas market by securing the Australian utility's gas...
- News items 2008-04-30
- Cisco Results Beat Forecasts But CEO Cautious
- By Ritsuko Ando NEW YORK (Reuters) - Cisco Systems Inc gave a cautious business outlook on Tuesday, although its quarterly results exceeded expectations as rising Internet traffic fueled demand for network equipment. Chief Executive John Chambers, considered a trend reader for...
- News items 2008-05-06
- CVS Caremark Posts Higher 1st-quarter Profit
- By Brad Dorfman CHICAGO (Reuters) - CVS Caremark Corp CVS posted higher quarterly profits in line with analysts' estimates on Thursday, as the addition of Caremark's pharmacy benefits business helped offset the impact of lower-priced generic drugs on drugstore sales. The...
- News items 2008-05-01
- 3M Profit Tops Street View
- NEW YORK (Reuters) - 3M Co MMM, a diversified manufacturer whose products include Scotch tape and Post-It notes, reported lower first-quarter profit on Thursday but beat analysts' estimates as strong international sales offset economic challenges in the United States. Net income...
- News items 2008-04-24
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