Keyword: Q4 2012

News

Total to Raise Exploration Budget

13.02.2013 - Total plans to raise its exploration budget in 2013 under an investment policy that takes advantage of high oil prices and financing from large-scale asset sales. The world's fifth...

News

Heavy Flu Season Helps Reckitt Beat Profit Forecasts

13.02.2013 - An unusually severe cold and flu season in the United States helped drive full-year profits higher at Britain's Reckitt Benckiser, maker of Strepsils throat lozenges and Mucinex...

News

Patent Expiries Delay Sanofi's Return to Growth

07.02.2013 - French drugmaker Sanofi said earnings could fall this year as it continues to feel the effects of expiring patents, disappointing hopes of a return to growth. The group, which saw...

News

Kemira Profits Hit by Weak Titanium Dioxide Market

06.02.2013 - Finnish chemicals group Kemira reported a weaker-than-expected fourth quarter profit after a fall in the titanium dioxide market hurt its German joint venture Sachtleben. Wednesday...

News

GlaxoSmithKline Promises Growth This Year After 2012 Shortfall

06.02.2013 - GlaxoSmithKline, Britain's biggest drugmaker, renewed its promise to return to growth this year, after failing to deliver a hoped-for sales and margin recovery in 2012. GSK also...

News

BP's Profits Down as Oil Spill Trial Looms

05.02.2013 - Shrinking British oil company BP announced quarterly profit down a fifth from a year ago, after it sold assets in preparation for what could be its biggest oil spill payout when...

News

Rosneft 2012 Net Profit Up 7% While Cash Flow Halved

01.02.2013 - Rosneft came in slightly below forecasts with a 7% rise in 2012 net profit on Friday while free cash flow halved ahead of its $55 billion takeover of TNK-BP, sending shares in...

News

Merck Worries About Osteoporosis Drug

01.02.2013 - Merck & Co's quarterly results beat estimates, but the drugmaker issued a cautious 2013 profit forecast and said it will delay seeking approval for a high-profile osteoporosis drug...