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Johnson & Johnson beats profit estimates on pharma strength, raises sales outlook

2 hours ago DieselGasoil Comments Off on Johnson & Johnson beats profit estimates on pharma strength, raises sales outlook
(Reuters) – Johnson & Johnson (JNJ.N) raised its full-year sales forecast as demand for its cancer drugs Darzalex and Imbruvica helped it exceed estimates for second-quarter profit on Tuesday. The Johnson & Johnson logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 29, Read More

Wells Fargo profit beats estimates on cost controls, rise in loans

2 hours ago DieselGasoil Comments Off on Wells Fargo profit beats estimates on cost controls, rise in loans
FILE PHOTO: A Wells Fargo ATM machine is shown in Los Angeles, California, U.S. October 19, 2018. REUTERS/Mike Blake/File Photo (Reuters) – Wells Fargo & Co (WFC.N) beat analysts’ estimates for quarterly profit on Tuesday, as the fourth-largest U.S. bank benefited from an uptick in lending and aggressive cost cutting. The San Francisco-based lender has Read More

JPMorgan profit beats estimates on strength in consumer banking

3 hours ago DieselGasoil Comments Off on JPMorgan profit beats estimates on strength in consumer banking
(Reuters) – JPMorgan Chase & Co (JPM.N) reported a better-than-expected quarterly profit on Tuesday as higher interest income and a modest increase in loans more than made up for lower activity at the bank’s trading desks. A sign of JP Morgan Chase Bank is seen in front of their headquarters tower in Manhattan, New York, Read More

Domino’s Pizza U.S. same-store sales miss estimates, shares fall 6%

3 hours ago DieselGasoil Comments Off on Domino’s Pizza U.S. same-store sales miss estimates, shares fall 6%
A Domino’s Pizza restaurant is seen in Los Angeles, California, U.S. July 18, 2018. REUTERS/Lucy Nicholson (Reuters) – Domino’s Pizza Inc (DPZ.N) on Tuesday reported second-quarter same-store sales at its U.S. outlets that grew slower than expected as it faced fierce competition from rival pizza chains and third-party delivery companies, sending its shares down about Read More

Goldman Sachs profit hit by weakness in trading, underwriting

3 hours ago DieselGasoil Comments Off on Goldman Sachs profit hit by weakness in trading, underwriting
FILE PHOTO: The ticker symbol and logo for Goldman Sachs is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., December 18, 2018. REUTERS/Brendan McDermid/File Photo (Reuters) – Goldman Sachs Group Inc (GS.N) reported a 6% fall in quarterly profit on Tuesday as the Wall Street Read More

Husqvarna cools on 2019 margin after chill dents lawn mower demand

5 hours ago DieselGasoil Comments Off on Husqvarna cools on 2019 margin after chill dents lawn mower demand
STOCKHOLM (Reuters) – Husqvarna (HUSQb.ST), the world’s biggest maker of garden power tools such as robotic lawn mowers, blamed cold weather for a fall in second-quarter sales and said the dip in demand meant it would probably not achieve its margin target this year. FILE PHOTO: A sign alerts visitors about a presence of Husqvarna Read More

India to push Japan out of world’s top 3 economies by 2025

5 hours ago DieselGasoil Comments Off on India to push Japan out of world’s top 3 economies by 2025
India is projected to outpace the UK by the end of the year to become one of the world’s top five economies. It will then take it just six more years to overtake Japan as the world’s third largest economy, a new study suggests. India’s gross domestic product (GDP) is expected to reach $5.9 trillion Read More

Garden tools maker Husqvarna second-quarter profit just lags expectations

8 hours ago DieselGasoil Comments Off on Garden tools maker Husqvarna second-quarter profit just lags expectations
FILE PHOTO: A sign alerts visitors about a presence of Husqvarna robotic lawn mower at work in the Humlegarden park in Stockholm, Sweden June 25, 2018. REUTERS/Anna Ringstrom/File Photo STOCKHOLM (Reuters) – Sweden’s Husqvarna (HUSQb.ST) reported on Tuesday a slightly smaller increase than expected in second-quarter operating profit as savings and price hikes helped offset Read More

Hardisty-US Gulf Coast WCS crude spread narrows to tightest since Oct 2017

13 hours ago DieselGasoil Comments Off on Hardisty-US Gulf Coast WCS crude spread narrows to tightest since Oct 2017
The spread between the value of Canada’s benchmark heavy crude, Western Canadian Select, in Hardisty, Alberta, and on the US Gulf Coast on Monday reached its narrowest point since October 25, 2017. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The difference between the value of WCS at Hardisty Read More

Sanchez Energy Enters Interest Payment Grace Period to Continue Discussions with Stakeholders

17 hours ago DieselGasoil Comments Off on Sanchez Energy Enters Interest Payment Grace Period to Continue Discussions with Stakeholders
HOUSTON, July 15, 2019 (GLOBE NEWSWIRE) — Sanchez Energy Corporation (“Sanchez Energy” or the “Company”) (OTC Pink: SNEC) today announced that the Company has elected to defer making an interest payment on its 6.125% Senior Notes due 2023 (the “6.125% Notes”) while it continues ongoing constructive discussions with its bondholders and other stakeholders on a Read More