Shell 2Q profits up 40 pct. to &#36;7.32B
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Royal Dutch Shell PLC reported a 40 percent rise in second-quarter earnings Thursday, helped by high oil prices.
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Oil giant Royal Dutch Shell reports record annual profits of $25.36bn, despite some setbacks in 2006.
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The companyâs second-quarter profit rose 37 percent after factoring in losses from assets it sold, but on a continuing basis results fell on buyout costs at its newspapers.
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Schlumberger Ltd. , the world's largest oil service company, said on Friday its second-quarter profit rose as high energy prices drove demand for its products, especially in international markets.
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Media conglomerate Time Warner Inc.   said on Wednesday that fourth-quarter profit rose more  than 30 percent, boosted by asset sales, more digital cable and  phone customers, and a rise in AOL advertising sales.
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BP Plc, the world's second-largest  listed oil company by market capitalization, reported  above-consensus fourth-quarter profits on Tuesday thanks to  high oil prices and strong refining margins.
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ChevronTexaco Corp., the No. 2 U.S.  oil company, on Friday said quarterly profit jumped, driven  largely by a sharp rise in oil and gas prices.
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ChevronTexaco Corp. CVX.N, the No. 2  U.S. oil company, on Friday said quarterly profit nearly  doubled, driven higher by record crude oil prices and soaring  refining margins.
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The mobile phone maker said  fourth-quarter net profit rose to $2.6 billion and that it had reached its goal of 40 percent market share in handset sales. The companyâs stock soared.
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The world's No. 2 soft drink company said on Thursday  quarterly profit rose due to tax benefits.
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Oil giant Royal Dutch Shell Plc (RDSa.L)  beat forecasts on Thursday to report a 36 percent rise in  second-quarter current cost of supply net profit, which strips  out changes in inventory values, to $6.3 billion, thanks to  high oil prices.
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Oil giant Royal Dutch Shell reports record annual profits for a UK company, making Â£13.9bn.
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Shell reports a record profit for a UK-listed company of Â£9.3bn but also restates its oil reserves again.
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Oil giant Royal Dutch Shell Plc posted record European company earnings of $27.6 billion in 2007, but fourth-quarter profit missed forecasts.
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Royal Dutch/Shell Group on Wednesday announced a &#36;150 million increase in the amount of money it will spend in 2004 on exploration and production in Europe, bringing the total to &#36;1.8 billion.
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British Airways Plc, Europe&#39;s second- largest airline, said second-quarter profit gained 26 percent after the carrier cut jobs and travel demand rose.
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The company reported strong second-quarter results and said its profits for all of 2007 would beat analystsâ expectations.