Royal Dutch Shell Plc said third quarter net profits fell 73 percent, hit by falling oil and gas prices and refining margins, and Chief Executive Peter Voser warned of a slow recovery.
Royal Dutch Shell Plc said third quarter net profits fell 73 percent, hit by falling oil and gas prices and refining margins, and Chief Executive Peter Voser warned of a slow recovery.
ConocoPhillips reported on Wednesday a 71 percent decline in its quarterly profit as weak demand for fuel hurt its refining business and oil prices fell from a year-ago.
Corrects paragraph 3 to show output figures are year-to-date, not quarterly; deletes reference to prior quarter
Stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500 down 0.4 percent, Dow Jones futures down 0.12 percent and Nasdaq 100 futures down 0.28 percent at 5:10 a.m. EDT.
Visa Inc , the world's largest payment network, posted quarterly earnings that were 23 percent higher than for the same period last year, raised its dividend and authorized a share repurchase plan.
Visa Inc , the world's largest payment network, posted quarterly earnings that were 23 percent higher than for the same period last year, raised its dividend and authorized a share repurchase plan.
U.S. oilfield equipment and services company National Oilwell Varco Inc reported a better-than-expected profit on Monday but gave a cautious outlook and its shares fell nearly 5 percent.
Chinese Internet portal Sohu.com Inc and its recently listed gaming unit Changyou.com warned on their fourth quarter revenue outlook coming in below Wall Street estimates, sending their shares down.
Investor Carl Icahn said late Friday he has resigned from the board of directors at Yahoo Inc., saying that there was not a need at this time for an activist investor at the internet company. Icahn said in a statement that there were a number of other companies on which he is currently focused, and praised the company's recent search and advertising partnership with Microsoft Corp.
British R&B singer Jay Sean's single Down returned to the top of the Billboard Hot 100 on Thursday, just a week after Britney Spears' No. 1 debut bumped him to runner-up status.
U.S. stocks fell on Friday as declines in industrials, energy shares and some tech companies overshadowed strong earnings from Microsoft Corp .
Shares in Dole Food Co Inc, the world's largest producer and seller of fresh fruits and vegetables, edged down in their debut on Friday on the New York Stock Exchange after its initial public offering priced below expectations.
Disappointing results from telecom equipment heavyweight Ericsson (ERICb.ST) and profit-taking after a recent strong run helped send European shares lower around midday on Thursday.
EBay Inc forecast results for the fourth quarter at the low end of Wall Street estimates, disappointing investors who were hoping for a substantial turnaround for the holidays, and its shares down 5 percent.
Galleon Group, whose founder has been charged with masterminding the biggest-ever insider-trading scheme involving hedge funds, is shutting down.
Hedge fund firm Galleon Group said it is winding down its funds, less than a week after its founder was arrested and charged with running one of the biggest insider-trading schemes ever involving a hedge fund.
Hedge fund firm Galleon Group said it is winding down its funds, less than a week after its founder was arrested and charged with running one of the biggest insider-trading schemes ever involving a hedge fund.
Lockheed Martin Corp posted better-than-expected quarterly profit aided by a lower tax rate and share count on Tuesday, but revenue missed Wall Street estimates and the defense contractor warned earnings would drop in 2010, sending its shares down more than 5 percent.
Asset manager Invesco Ltd said quarterly profit fell 20 percent as investment management fees declined, but its shares rose on news of a deal to buy the mutual fund business of Morgan Stanley.
Lockheed Martin Corp , the top U.S. defense contractor, posted higher third-quarter profit and raised its 2009 outlook on Tuesday, but added that it expects per-share earnings to fall in 2010.
Gasoline differentials in markets east of the Rockies are expected to hold unseasonal strong levels this week, after last week's surprise drawdown in inventories, as disciplined refiners hold the line on production, industry sources said on Monday.
