AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
BUSINESS BRIEFS.(TO THE POINT)
ENERGY
Williams Cos. gets cash, credit
The energy trader sold $1.4 bil in assets. It also got $2 bil in secured debt from its banks and Warren Buffett's Berkshire Hathaway. Williams jumped 29% to 3.80 and rival Dynegy jumped 15%. A Buffett-controlled firm recently acquired a key pipeline from Dynegy. Buffett also recently took a stake in Level 3 Communications to snap up telecoms.
Calpine made 19 cents in Q2, down 51% but 2 cents over views. Revenue rose 20% to $1.94 bil. The power generator cut 2002 targets.
Exxon, Shell Q2 profits down a lot
Exxon Mobil's profit of 39 cents a share fell 39% from a year ago and were 7 cents short of views. Royal Dutch/Shell earned 63 cents, down 38% and 9 cents shy. The oil and gas giants have been hurt by weak economies and the slowdown in air travel after Sept. 11. High crude prices squeezed profit margins. Exxon and Royal Dutch both fell 8%.
Halliburton defends tax practices
- The local Oil Engineering Construction Company (OIEC) in early December...
- Magazine article from: MEED Middle East Economic Digest December 13, 2002 700+ words
...Construction Company (OIEC) in early December acquired a 10 per cent stake in the development of the offshore Soroush and Nowruz oil fields being carried out by the Royal Dutch/Shell Group. The project, which is estimated to be worth at least...
- New Delhi, Oct 26 (PTI) Royal Dutch/Shell, world's third largest oil firm, has...
- News wire article from: PTI - The Press Trust of India Ltd. October 26, 2005 700+ words
...to give gas at a price which is 20 per cent cheaper than naphtha (the alternate fuel...close to 10 dollars per mBtu and a 20 per cent discount would essentially mean LNG at...I by July 2006 and complete the 85 per cent 1444 MW Phase-II by end 2006. (THROUGH...
- Royal Dutch / Shell Proposes One Company, One Board and One Chief Executive.
- Press release article from: PR Newswire October 28, 2004 700+ words
...be offered 60 per cent of the issued share capital of Royal Dutch Shell and ST&...be offered 40 per cent. Royal Dutch Shell will have a...be offered 60 per cent of the issued ordinary shares in Royal Dutch Shell and ST&...
- Royal Dutch/Shell structure & governance proposal.
- Press release article from: PR Newswire UK Disclose October 28, 2004 700+ words
...RD shareholders will be offered 60 per cent of the issued share capital of Royal Dutch Shell and ST&T shareholders will be offered 40 per cent. Royal Dutch Shell will have a single tier Board of Directors...
- ROYAL DUTCH-SHELL REPORTS JUMP IN QUARTERLY EARNINGS
- Newspaper article from: The Journal Record ASSOCIATED PRESS November 7, 1986 700+ words
...earnings per share in Royal Dutch were 4.34 guilders...6 pence, or 81 cents. In the nine-month period, Royal Dutch-Shell said it made...earnings per share in Royal Dutch were 15.71 guilders...pence, or $3.51 cents, during the year...
- Royal Dutch-Shell to become one.
- Newspaper article from: Knight Ridder/Tribune Business News October 29, 2004 700+ words
...companies. After news of the merger hit the market, Royal Dutch shares rose 28 cents to $54.11, while Shell Transport shares closed up 64 cents to $47.41 in New York. Royal Dutch shareholders would receive two shares in the newly...
- Schaeffer's Midday Options Update Features Hewlett-Packard, Applied Materials,...
- Press release article from: Business Wire August 17, 2005 700+ words
...Unusual Activity for Royal Dutch Shell If you had told...370 million, or 23 cents per share, down from...57.4 million, or 63 cents per share, missing the consensus estimate of 69 cents per share. Total sales...weighed in at 0.87. Royal Dutch Shell Royal Dutch ...
- Royal Dutch/Shell to lay off 1,200 in Europe.
- Newspaper article from: The Oil Daily Fan, Aliza March 30, 1995 700+ words
...is in line with what [Royal Dutch] management has been...the company about 20 cents/share starting in 1996...million, or 12 cents-15 cents/share. Another analyst...UBS Securities Inc. "Royal Dutch considers this a radical...estimates savings of about 10 cents/share. ...
