BP PLC (NYSE: BP) reported second-quarter 2017 results before markets opened Tuesday.
BP’s adjusted replacement cost profit (essentially the company’s adjusted net income/loss) in the second quarter totaled $553 million, compared with a loss of $2.25 billion in the year-ago quarter.ADS barrel BP earnings oil production quarter totaled Tuesday year ago
The company is well-positioned in several markets that have above average growth prospects including auto, datacenter, pharma, IoT, fiber to the home (FTTH) and telecom network “densification”. The company generated almost $0.5 billion cash from operations and finished the quarter with $4.2 billion of cash, approximately 25% of which is in the U.S.A. and just $3.94 billion of debt.capital Corning dividend Glass GLW growth investment NYSE stock year
The Nifty50 continued its upward move and made a new record lifetime high of 10,128 by surpassing its previous high of 10,114. It has been respecting the support from the rising trend line by connecting the recent swing lows of 9,543, 9,646, 9,838 and 9,944.Now, the index has to continue to hold above 10,050 to witness a fresh upward move towards 10,200 and 10,250 levels, while supports shift higher to 10,020 and 9,950 levels.On the options front, maximum Put open interest stood at strike price 10,000 followed by 9,800, while maximum Call OI was at 10,500 followed by 10,400.However, the concentration of Call OI is scattered at different strike prices, but it shifts to Call options at higher strike prices, which created scope for further upsides.call fresh higher index levels lower market put strike supports
Apple has fallen 5 percent from its recent high, and one trader expects more volatility from the stock when it reports earnings Tuesday afternoon. But given last week's sell-off in tech and the sector's failure to regain those losses on Monday, Todd Gordon of TradingAnalysis.com said Apple, which has recently "settled in around a $150 range," will likely stay within that consolidation even after reporting earnings.Apple August earnings Gordon middle option put stock strike trade
The domestic equity market seems to be an unstoppable force, as Nifty50, Sensex and Nifty Bank indices claimed fresh record highs on Tuesday for a second consecutive session.BSE Sensex ended the day at 32,575.17, up 60 points or 0.19 per cent while Nifty closed at 10,114.65, up 38 points or 0.37 per cent. Nifty Bank gained 0.08 percent to end at 25,122.80 with shares of HDFC Bank (up 1.21 per cent), Yes Bank (up 1.08 per cent) and IndusInd Bank (up 1.05 per cent) among top gainers.Market however remained rangebound throughout the day ahead of RBI policy meet, which is expected to cut rates by at least 25 basis points on Wednesday.“It was a volatile day on the bourses as benchmark indices witnessed sharp swings around the flat line, during the day.bank BSE cent ended HDFC index indices Nifty Sensex shares
BP plc (NYSE: BP), one of the world’s largest oil companies, announced strong second-quarter earnings. In his presentation about BP’s near-term prospects, Group CEO Bob Dudley said he believes that oil prices will run about $50 a barrel for the remainder of the decade.barrel BP companies crude Dudley economy nations oil producing quarter
DCM Shriram today posted 39.65 per cent increase in consolidated net profit at Rs 233.47 crore for quarter ended June 30.Net profit stood at Rs 167.18 crore in the same quarter last year, the company said in a BSE filing.Net income rose 35.41 per cent to Rs 2,065.03 crore during June quarter of 2017-18 fiscal from Rs 1,524.96 crore in the same period last year.Revenue from sugar business rose to Rs 659.79 crore from Rs 551.99 crore, while that of from chloro-vinyl improved to Rs 501.39 crore from Rs 371.99 crore in the said period.The income from bioseeds segment increased to Rs 306.48 crore from Rs 280.84 crore in the year-ago period.However, revenue from farm solutions and fertiliser businesses remained flat in the said period.Company's Chairman and Senior MD Ajay Shriram and Vice Chairman and MD Vikram Shriram expressed "satisfaction" about the first quarter results, which was led by high volumes and profit growth in chemicals and sugar businesses. The shares had peaked Rs 404.80 in the early trade.DCM Shriram is engaged in sugar, fertiliser, seeds, chloro-vinyl and cement businesses, among others.cent DCM net period profit quarter Rs Rs crore Shriram Sugar
LOS ANGELES – A California man charged with killing his 5-year-old son after a family trip to Disneyland is scheduled to appear in court on Tuesday. Aramazd Andressian Sr., 35, is due to appear for a preliminary hearing at the Los Angeles Superior ...Angeles California charged killing Los man old son trip year
Softening US inflation and incessant political turmoil has hit prospects of another Federal Reserve rate hike in coming months and sent the dollar down 10 percent from its January peaks.
Softening US inflation and incessant political turmoil has hit prospects of another Federal Reserve rate hike in coming months and sent the dollar down 10 percent from its January peaks.bank gain July Record Rs Rs crore sales stock trade trading