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BUSINESS BRIEFS.(TO THE POINT)
ENERGY
Valero refinery income triples
The oil refiner earned $1.89 a share ex items, 45 cents over the year-ago period and more than 3 times the year-ago profit of 51 cents a share. Revenue rose 62% to $15.39 bil; Valero's refining income jumped from $300.2 mil to $884.1 mil, and the refiner benefited from $800 mil in sour crude discounts and throughput levels. Shares rose 9.5% to 56.96.
Unocal profit gain matches views
The oil and gas exploration company earned $1.17 a share ex items, meeting views and topping the year-ago profit by 54 cents. Total revenue rose 48.7% to $2.35 bil, boosted by a 2% rise in production to 428,000 barrels of oil equivalent daily, plus strong fuel prices. Unocal forecast earning $1.20-$1.35 a share in Q1, topping views of $1.09. Shares rose 0.5% to 47.76.
** TECO Energy lost $2.05 a share, missing views of 16 cents a share profit and plunging below the ...
- Slow sales growth hits Hershey stock: The candy-maker's shares lost 93 cents as...
- Newspaper article from: Philadelphia Inquirer (Philadelphia, PA) April 21, 2006 700+ words
...climbed 7 percent, to $121 million, or 50 cents a share, from $113 million, or 45 cents a share, a year earlier thanks to productivity...and cost controls. The stock closed down 93 cents at $49.76 on the New York Stock Exchange...
- America Online Posts $10.3 Million Loss But Says Revenue Rose 250% in Quarter
- Newspaper article from: The Washington Post November 8, 1995 700+ words
...5 million (4 cents a share) a year earlier, though revenue rose 250 percent in the...01 million (51 cents), up 14 percent...27 million (44 cents) in the same period...months of the year, revenue rose less than 7 percent...
- Unit Corp. earnings jump: Contract drilling revenue rose 55 percent in 2005.
- Newspaper article from: Tulsa World (Tulsa, Oklahoma) (via Knight-Ridder/Tribune Business News) February 23, 2006 700+ words
...based company said. Revenue rose 70 percent to $885...Pinkston. Contract drilling revenue rose 55 percent in 2005 to...30 million, or 65 cents a share, in the same...earlier. Fourth-quarter revenue rose 83 percent to $293 million...
- MTEL'S SECOND-QUARTER REVENUE ROSE 49% TO RECORD $56.9 MILLION; Paging Units in...
- Press release article from: Business Wire July 26, 1995 700+ words
...today reported that quarterly revenue rose 49 percent to a record $56...loss of $993,000, or 6 cents per share, compared with a...of $3.6 million, or 16 cents per share for the same period...loss of $5 million, or 19 cents per share, compared with a...
- AT&T Posts Higher Quarterly Profit, Revenue Up; AT&T posts a higher...
- Magazine article from: eWeek Reuters April 24, 2007 700+ words
...posted a higher quarterly profit as revenue rose from its purchase late last year...profit rose to $2.8 billion, or 45 cents a share, from $1.4 billion...bought BellSouth. Total operating revenue rose to $28.97 billion from $15...
- AUST TOLL RD OPERATOR TRANSURBAN'S REVENUE ROSE 6.8% IN Q3.(Financial report)
- News wire article from: AsiaPulse News October 12, 2009 700+ words
...Transurban (ASX:TCL) says its toll revenue rose 6.8 per cent in the September quarter, with...million), an increase of 6.8 per cent on the prior corresponding period...million, an increase of 7.7 per cent. "All Australian assets reported...
- First Data Says Profits, Revenue Rose in First Quarter.
- Newspaper article from: Omaha World-Herald (Omaha, Nebraska) (via Knight-Ridder/Tribune Business News) April 11, 2002 700+ words
...reported improved first-quarter profits of 63 cents per share, compared with 47 cents a share in the first quarter last year. Profits...quarter that ended March 31, a 30 percent rise. Revenue rose 7 percent, from $1.62 billion to $1.73...
- Stock buyback buoys PG&E: Although net income was down in first quarter,...
- Newspaper article from: Contra Costa Times (Walnut Creek, CA) May 4, 2006 700+ words
...outstanding, the buybacks added 7 cents a share to net income, accounting for a 6 cent, or 11 percent, advance in earnings per share to 60 cents in the first quarter. That beat...39.58 Wednesday, down 15 cents from Tuesday's closing price...
