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Norwegian energy firm Statoil ASA (STO) said it has entered into an agreement with Lundin Petroleum AB (LUP.TO) to divest its entire 15 percent interest in the Edvard Grieg field for an increased shareholding in Lundin Petroleum. The transaction also includes divestment of a 9 percent interest in...

Miner Centamin Plc. (CELTF.PK, CEY.L, CEE.TO) reported Tuesday that its first-quarter net profit climbed to $40.85 million from last year's $28.57 million. Earnings per share were 3.56 US cents, higher than 2.50 US cents a year ago. EBITDA was $67.5 million, up 27% from $52.99 million last year. Revenue...

French geoscience company CGG (CGG) reported that its first-quarter net loss attributable to owners of the company widened to $129 million from $56 million in the prior-year quarter. However, loss per share narrowed to $0.24 from $0.29 in the year-ago period. Operating loss for the quarter was $81...

German commercial broadcaster ProSiebenSat.1 Media AG (PBSFF.PK) reported Tuesday that its first-quarter consolidated net result increased 9 percent to 66 million euros from last year's 61 million euros. Underlying net income was 76 million euros or 0.35 euro per share, compared to 70 million euros...

BMW Group (BMW.L, BAMXF.PK, BAMXY.PK) reported that its first-quarter Group net profit rose by 8.2% year-over-year to 1.64 billion euros from 1.52 billion euros. Group profit before tax increased by 4.4% to 2.37 billion euros. Profit before financial result or EBIT amounted to 2.46 billion euros compared...

German luxury fashion brand Hugo Boss (HUGSF.PK) reported Tuesday that its net income for the first quarter dropped to 38.5 million euros from last year's 75.6 million euros. Earnings per share declined to 0.56 euro from 1.10 euro a year ago. EBITDA before special items was down 29 percent to 93 million...

Infineon Technologies AG (IFNNY) reported that its net income for the second quarter 2016 rose to 180 million euros from 152 million euros in the first quarter, largely as a result of the positive impact of tax income amounting to 21 million euros, resulting primarily from the reduction of deferred tax...

German vacuum pumps maker Pfeiffer Vacuum Technology AG (PFFVF.PK, PVTCY.PK) reported that its net income for the first quarter declined 21.6 percent to 9.0 million euros from 11.4 million euros in the year-ago period. Earnings per share also declined 21.6 percent to 0.91 euros from 1.16 euros in the...

German airline Lufthansa Group (DLAKF, DLAKY) reported Tuesday that its first-quarter net loss was 8 million euros, compared to last year's profit of 425 million euros. Loss per share was 0.02 euro, compared to profit of 0.92 euro a year ago. The prior year result included a 503 million euros financial...

Fresenius Medical Care AG & Co. KGAA (FMS) said its first quarter net income attributable to shareholders of the company rose 9 percent to $228 million from $210 million in the prior-year quarter. Basic earnings per share rose to $0.75 from $0.69 last year. Operating income or EBIT for the quarter...

German biotechnology company MorphoSys AG (MPSYY.PK) reported Tuesday that its first-quarter consolidated net loss was 7.2 million euros, compared to last year's profit of 40.9 million euros. Loss per share was 0.28 euro, compared to profit of 1.55 euros a year ago. Earnings before interest and taxes...

Fresenius (FSNUF.PK, FSNPF.PK) reported that its first-quarter Group net income to shareholders increased to 362 million euros from 292 million euros, prior year. Earnings per share was 0.66 euros compared to 0.54 euros. Group EBITDA increased to 1.24 billion euros from 1.12 billion euros. Group EBIT...

French lender BNP Paribas (BNPQY.PK, BNP.L) reported Tuesday that its first-quarter net income group share increased 10.1 percent to 1.81 billion euros from 1.65 billion euros a year ago. Excluding one-off items, attributable net income was 1.607 billion euros, 4 percent higher than last year. Pre-tax...

Swiss financial services giant UBS AG (UBS) reported Tuesday that its first-quarter net profit attributable to shareholders declined sharply to 707 million Swiss francs or 0.18 franc per share from last year's 1.98 billion francs or 0.53 franc per share. The company delivered an adjusted profit before...

Asia-focused lender HSBC Holdings Plc (HSBC, HSBA.L) reported Tuesday that its first-quarter profit before tax declined to $6.11 billion from last year's $7.06 billion. Earnings per share were $0.20, down from $0.26 a year ago. Adjusted profit before tax was $5.43 billion, compared to $6.60 billion...

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