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Franklin Electric Reports Record Fourth Quarter and Full Year 2018 Sales and Earnings

53 mins ago DieselGasoil Comments Off on Franklin Electric Reports Record Fourth Quarter and Full Year 2018 Sales and Earnings
FORT WAYNE, Ind., Feb. 19, 2019 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. (NASDAQ: FELE) reported fourth quarter 2018 GAAP fully diluted earnings per share (EPS) of $0.51, versus a GAAP fully diluted EPS in the fourth quarter 2017 of $0.17.  Fourth quarter 2018 sales were $316.7 million, compared to 2017 fourth quarter sales of Read More

BW Offshore: Fourth quarter and full year results 2018

7 hours ago DieselGasoil Comments Off on BW Offshore: Fourth quarter and full year results 2018
EBITDA for the quarter was USD 148.9 million and EBITDA for the full year was USD 489.2 million Q4 net production from Tortue was close to 1 million bbls First lifting from Tortue completed December 2018 – 550 thousand bbls gross NSAI confirmed remaining Tortue P2 gross reserves – 35.1 million bbls of oil Extensions Read More

Apergy Reports Fourth Quarter and Full Year 2018 Results

17 hours ago DieselGasoil Comments Off on Apergy Reports Fourth Quarter and Full Year 2018 Results
Revenue of $311 million in Q4-18, up 17% year-over-year Net income of $23 million and adjusted net income of $28 million in Q4-18 Diluted EPS of $0.29 and adjusted diluted EPS of $0.36 in Q4-18 Adjusted EBITDA of $78 million in Q4-18, up 37% year-over-year with adjusted EBITDA margins improving 370 basis points to 25% Read More

Superior Energy Services Announces Fourth Quarter and Full Year 2018 Results

17 hours ago DieselGasoil Comments Off on Superior Energy Services Announces Fourth Quarter and Full Year 2018 Results
HOUSTON, Feb. 18, 2019 (GLOBE NEWSWIRE) — Superior Energy Services, Inc. (the “Company”) today announced a net loss from continuing operations for the fourth quarter of 2018 of $750.2 million, or $4.85 per share, on revenue of $539.3 million.  This compares to a net loss from continuing operations of $21.8 million, or $0.14 per share, Read More

Transocean Ltd. Reports Fourth Quarter, Full Year 2018 Results

17 hours ago DieselGasoil Comments Off on Transocean Ltd. Reports Fourth Quarter, Full Year 2018 Results
Total contract drilling revenues were $748 million, compared with $816 million in the third quarter of 2018; Revenue efficiency(1) was 96%, compared with 95% in the prior quarter; Operating and maintenance expense was $497 million, compared with $447 million in the prior period; Net loss attributable to controlling interest was $242 million, $0.48 per diluted share, compared with net loss attributable to Read More

Visa, Mastercard mull increasing fees for processing transactions: WSJ

2 days ago DieselGasoil Comments Off on Visa, Mastercard mull increasing fees for processing transactions: WSJ
(Reuters) – Visa Inc and Mastercard Inc, the two biggest U.S. card networks, are preparing to raise certain fees levied on U.S. merchants for processing transactions from this April, the Wall Street Journal reported on Friday, citing people familiar with the matter. FILE PHOTO: A Mastercard logo is seen on a credit card in this Read More

Germans go gaga for Russian food discounter Mere amid nostalgia for ‘Iron Curtain’ era

3 days ago DieselGasoil Comments Off on Germans go gaga for Russian food discounter Mere amid nostalgia for ‘Iron Curtain’ era
A Russian grocery retailer was nearly forced to close during its grand opening week in Germany when a huge crowd of Leipzig locals arrived and gobbled up almost the entire inventory. The promising slogan ‘Only Lowest Prices Everyday’ evoked an enormous demand during the first days after the opening that toppled the most optimistic forecasts. Read More

Wall Street Week Ahead: Profit estimates may be adding in too much cost risk

4 days ago DieselGasoil Comments Off on Wall Street Week Ahead: Profit estimates may be adding in too much cost risk
NEW YORK (Reuters) – As Wall Street braces for the first quarterly decline in earnings in nearly three years, some investors are wondering if the market is factoring in a bigger erosion in profit margins than will actually come to pass. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) Read More