Four members of the environmental group had clung to the rig for two days to protest drilling in the Arctic. They were forced to abandon their protest because of a storm. The rig is owned by Edinburgh-based Cairn Energy.
AP – L’Oreal SA said Wednesday its net profit rose 21 percent in the first half of the year, thanks to strong demand for its Maybelline mascara and Lancome fragrances.
View original post here:
L’Oreal net profit up 21 pct in 1st half
(AP)
Reuters – BHP Billiton, the world’s biggest miner, reported a 47 percent rise in second-half profit on Wednesday, in line with analysts’ forecasts, after a sharp rebound in iron ore and copper prices.
The rest is here:
BHP Billiton profit up 47 percent
(Reuters)
Reuters – BHP Billiton, the world’s biggest miner, reported a 47 percent rise in second-half profit on Wednesday, in line with analysts’ forecasts, after a sharp rebound in iron ore and copper prices.
Original post:
BHP Billiton profit up 47 percent
(Reuters)
Reuters – Toronto’s main stock index closed sharply lower on Tuesday as Bank of Montreal’s results came in below market expectations and concerns over domestic growth and the global recovery pressured commodity prices.
Read more from the original source:
TSX slumps on recovery fears and BMO results
(Reuters)
AP – In a story Aug. 22 about the rally in Treasury bonds, The Associated Press reported erroneously that Treasury bonds maturing in 20 years or more have returned 2.1 percent so far this year. They have returned 21 percent.
The rest is here:
Correction: Wall Street Week Ahead story
(AP)
Reuters – Toronto’s main stock index ended lower on Thursday after weaker-than-expected U.S. and Canadian economic data sparked investor jitters and underscored the fragility of the global recovery.
Excerpt from:
TSX drops on weak data; golds, Potash cushion fall
(Reuters)
Reuters – Deere & Co reported stronger-than-expected quarterly results, lifted by robust U.S. demand for its biggest tractors and harvesters, but warned of growing weakness in Western Europe and gave a disappointing forecast.
Original post:
Deere outlook disappoints
(Reuters)
AP – German steelmaker ThyssenKrupp AG says it earned euro298 million ($383 million) in the April-June quarter as orders and revenues both rose strongly in a recovering economy.
Original post:
ThyssenKrupp reports profit as orders soar
(AP)
Recent Comments