Oil giant BP Plc. (BP.L, BP_UN.TO, BP) Tuesday reported a pre-tax loss for the second quarter, hit by a hefty charge related to the Gulf of Mexico spill, as well as a slump in oil and gas prices.
Here is a quick summary of the earnings reported after the bell on Jul 27.
1.Del Taco Restaurants, Inc. (TACO, TACOW)
Q2 Net income was $4.6 million compared to net loss of $0.1 million a year ago.
Q2 Total revenue was $97.6 million, an increase of 7.0% compared to $91.2 million a year ago.
French telecom major Orange SA reported Tuesday a significant increase in first-half net profit, despite weak revenues. Orange alsoconfirmed its fiscal 2015 forecast for restated EBITDA, a key earnings metric. In Paris, Orange shares were gaining 1.57 percent to trade at 15.19 euros.
Diversified technology company Honeywell International, Inc. agreed Tuesday to acquire the Elster Division of British engineering company Melrose Industries plc for about $5.1 billion or 3.3 billion pounds in cash. The deal, primarily subject to Melrose shareholder and regulatory approvals, is expected to close in the first quarter of 2016.
Leaders lead by example, and India, yesterday, lost one such great leader and an extraordinary human being Dr. APJ Abdul Kalam who has been a source of inspiration to all, particularly to the youth of the country.
European stocks are seen opening higher on Tuesday, a day after the stock market turmoil in China caused ripple effects across global equity and commodity markets. Chinese shares wavered between gains and losses today as authorities scrambled once again to stave off a full-blown market collapse.
Hartford Financial reported a swing to profit for the second quarter, helped mainly by improved underwriting results in property and casualty business, and contribution from Talcott Resolution, while the prior year included a one-time loss from discontinued operations. Hartford's quarterly earnings easily topped Wall Street estimates...
Stocks moved notably lower over the course of the trading day on Monday, extending the downward move seen over the past several sessions. With the drop, the Dow ended the session at its lowest closing level in almost six months.
U.S. crude oil ended lower for a fourth straight session Monday, on supply glut worries and demand growth concerns after global equity markets deeply in the red, with the Shanghai stock market plummeting over 8 percent.
The drop comes even as the U.S. dollar slipped against most major currencies,...
President Barack Obama lashed out at some of the Republican presidential candidates in remarks on Monday, accusing the GOP contenders of spouting "ridiculous" rhetoric in their bids to succeed him.
Gold futures rebounded to end higher on Monday, as the dollar trended lower against a basket of major currencies and on safe haven demand as world wide equity markets continued to decline, led by a sharp sell-off on the Shanghai market.
Gold prices climbed after the U.S. dollar slipped against most...
After coming under pressure at open, stock continue to see notable weakness in mid-day trading on Monday. The major averages are moving lower for the fifth straight session, with the Dow falling to its lowest levels in nearly six months.
In a rare Sunday session, the Senate voted to limit debate on a measure to reauthorize the U.S. Export-Import Bank. The Senate voted 67 to 26 to invoke cloture on the amendment to a multi-year highway funding bill.
Stocks moved notably lower at the start of trading on Monday, extending the downward trend seen over the past several sessions. The major averages have climbed off their lows since the open but remain in negative territory.
Japanese gaming giant Nintendo Co. Ltd. is planning to foray into the health industry with a sleep monitoring device, according to members of video game forum NeoGAF, who discovered the patent application submitted by Nintendo for a sleep monitoring device. However, it is not known when Nintendo is planning to actually launch the sleep monitoring device.