Bp Profits Hit $5.3 Billion

Oil giant BP is back in the black, announcing profits of $5.3 billion just a year after the Deepwater Horizon disaster left it facing heavy losses.

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    Taiwan's HTC expects its second-quarter revenue and operating margin to rise from the first quarter, as sales of the new HTC One smartphone pick up. More
  • Mobile Efforts Help Propel Facebook’s Earnings
    Facebook was once a darling of investors, then a turnoff. Now, a year after going public, the social network seems to have settled into a more stable relationship with Wall Street. But the company has still been taking pains to prove that it can make more money from its base of more than a billion users, especially from those using Facebook on mobile devices. More
  • All Eyes On Facebook's Mobile Growth And Graph Search Progress
    Quick Take Facebook will release its Q1 2013 earnings on May 1. We expect healthy advertising revenue growth driven by improved mobile monetization and a growing user base. Margins will shrink due to higher headcount related costs and infrastructure investments. We’ll also look for any color on the success of Graph Search, which could be one of the key features of Facebook going forward. More
  • Keystone XL pipeline to be delayed
    TransCanada Corp. says the long-delayed Keystone XL pipeline will be in service months later than expected and cost more than its current $5.3 billion price-tag as it continues to await U.S. government approval. TransCanada had been sticking to its late 2014 or early 2015 start-up target, but the regulatory process has dragged on. More
  • The New York Times Company Reports a Drop in Profit
    While advertising continued to fall, The New York Times Company, which is repositioning itself for a digital age, said circulation revenue rose 6.5 percent in the first quarter. More
  • Money Stuff: JPMorgan Had a Good Bad Year
    JPMorgan Chase & Co. announced its quarterly results this morning and they were … good? Bad? Weird? Awkward? “Too early to say”? Here’s Jamie Dimon: ...
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  • The 7 Best Growth Stocks To Snap Up For 2021
    Solidly in the category that's fueled the recent bull run, these seven growth stocks are likely to be on solid footing in the new year, too.
    01/14/2021 - 11:01 pm | View Link
  • US jobless claims almost hit 1 million
    Taylor Wimpey shares rose amid a steady rally for London’s top stocks yesterday as it reassured investors about its trading performance.
    01/14/2021 - 5:47 am | View Link
  • FTSE 100 sees gains pared as weekly US jobs claims hit highest level since August
    First-time jobless claims in the US last week rose to 965,000 from 784,000 the week before, well above the consensus forecast of 788,500.
    01/14/2021 - 1:11 am | View Link
  • Investors flee Big Oil as portfolios get drilled
    Even as Earth's climate has warmed, years of lackluster profits have cooled the investment climate for oil and gas producers.
    01/13/2021 - 11:18 pm | View Link
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