Cars
Like rival BP which reported a staggering 148% increase in third-quarter profits earlier this week -click here to read the details, Shell beat all forecasts with third-quarter current cost of supply (CCS) net profit up 71% at $10.9 billion (6.5 billion pounds) or if you like to play around with numbers, that comes to $119.7 million a day! Even though the world's second-largest non-government controlled oil company by market value saw only a 1% rise in third-quarter production at 3.44 million barrels a day, Shell sold its oil and gas for an amazing 66% more than it did in the same period last year. So, what else is new....
- Ford's Second Quarter Profit Drops $1.4 Billion, Big Losses In Europe
The Blue Oval reported today a second quarter profit of US$1 billion (€827 million), down 57 percent or US$1.4 billion (€1.16 billion) over the same period last year, as the company's losses in Europe piled up. Net income in the first...
- Chrysler Reports Net Profits For The First Time Since Emerging From Bankruptcy
On Monday, the Chrysler Group LLC reported its first quarter gains since exiting bankruptcy almost two years ago in June 2009. The Auburn Hills-based automaker, which is now operated by Fiat S.p.A., said net income totaled $116 million in the first quarter...
- Ford’s Third Quarter 2010 Net Income Climbs To $1.7 Billion, Says It Has Enough Cash To Reduce Debts
Remember those dark times in Detroit? Well, we have come a long way since then as Ford Motor Company reported today a record third quarter net income of $1.7 billion. This is a $690 million improvement over the third quarter of 2009, fueled mostly by...
- Daimler Posts €1,4 Million Loss In First Quarter Of 2009, Sales Down 34%
Only hours after announcing that it had agreed to unload its remaining 19.9 percent stake in Chrysler LLC, Daimler published its quarterly results which saw the company that owns Mercedes-Benz posting a €1,426 million loss before interest and tax...
- Bmw Group: Increased Sales & Revenues For Third-quarter
The BMW Group has announced increased sales volume and revenues and earnings figures for the third quarter of 2007. However, despite the improvement in third quarter profits before tax (+6,3%), the group’s overall profit before tax during the first...
Cars
Shell Pumps Out "Obscene" 71% Increase in Third-Quarter Profits
Like rival BP which reported a staggering 148% increase in third-quarter profits earlier this week -click here to read the details, Shell beat all forecasts with third-quarter current cost of supply (CCS) net profit up 71% at $10.9 billion (6.5 billion pounds) or if you like to play around with numbers, that comes to $119.7 million a day! Even though the world's second-largest non-government controlled oil company by market value saw only a 1% rise in third-quarter production at 3.44 million barrels a day, Shell sold its oil and gas for an amazing 66% more than it did in the same period last year. So, what else is new....
- Ford's Second Quarter Profit Drops $1.4 Billion, Big Losses In Europe
The Blue Oval reported today a second quarter profit of US$1 billion (€827 million), down 57 percent or US$1.4 billion (€1.16 billion) over the same period last year, as the company's losses in Europe piled up. Net income in the first...
- Chrysler Reports Net Profits For The First Time Since Emerging From Bankruptcy
On Monday, the Chrysler Group LLC reported its first quarter gains since exiting bankruptcy almost two years ago in June 2009. The Auburn Hills-based automaker, which is now operated by Fiat S.p.A., said net income totaled $116 million in the first quarter...
- Ford’s Third Quarter 2010 Net Income Climbs To $1.7 Billion, Says It Has Enough Cash To Reduce Debts
Remember those dark times in Detroit? Well, we have come a long way since then as Ford Motor Company reported today a record third quarter net income of $1.7 billion. This is a $690 million improvement over the third quarter of 2009, fueled mostly by...
- Daimler Posts €1,4 Million Loss In First Quarter Of 2009, Sales Down 34%
Only hours after announcing that it had agreed to unload its remaining 19.9 percent stake in Chrysler LLC, Daimler published its quarterly results which saw the company that owns Mercedes-Benz posting a €1,426 million loss before interest and tax...
- Bmw Group: Increased Sales & Revenues For Third-quarter
The BMW Group has announced increased sales volume and revenues and earnings figures for the third quarter of 2007. However, despite the improvement in third quarter profits before tax (+6,3%), the group’s overall profit before tax during the first...