Nuclear Power Corp in pact for new unitsSeptember 11th, 2009 NEW DELHI - With private companies barred from the country's atomic energy generation industry, the state-run Nuclear Power Corp is signing pacts with two other government firms to fund its new projects, a top company official said Friday. We are going in for public partnership.
Indian Oil, National Aluminium to fund nuclear projectsSeptember 11th, 2009 NEW DELHI - With private companies barred from the country's atomic energy generation industry, the state-run Nuclear Power Corp is signing pacts with two other government firms to fund its new projects, a top company official said Friday. "We are going in for public partnership.
E.W. Scripps posts 2nd-quarter profit after recording year-ago loss on impairment chargeAugust 10th, 2009 E.W. Scripps posts 2nd-quarter profitCINCINNATI —Media company E.W. Scripps says it made a profit in the second quarter despite a decline in revenue.
Norway's StatoilHydro posts zero profit in 2Q, cites lower crude and gas pricesAugust 4th, 2009 Norway's StatoilHydro 2Q profit falls to zeroOSLO — Norwegian oil company StatoilHydro ASA on Tuesday saw its profits vanish in the second quarter and cited lower crude and gas prices. The state-controlled oil concern said its net profit for April through June period plummeted to zero kroner from 18.9 billion kroner ($3.1 billion) in the same time last year, when oil prices soared.
Waste Management posts sharp drop in 2nd-qtr profit due to falling recycling pricesJuly 30th, 2009 Waste Management's 2Q profit down on recyclingHOUSTON — Waste Management, the nation's largest trash hauler, says its second-quarter profit fell sharply due largely to a continuing drop in recycling prices. Net income was $247 million, or 50 cents per share, down 22 percent from $318 million, or 64 cents per share, last year.
Rockwell Collins posts drop in 3Q profit on lower airline industry revenueJuly 30th, 2009 Rockwell Collins posts drop in 3Q profitCEDAR RAPIDS, Iowa — Rockwell Collins Inc. said Thursday its fiscal third-quarter profit fell 17 percent on lower revenue from the troubled airline industry, but it still beat Wall Street estimates.
Reliance Power posts Rs.100 crore net profitJuly 29th, 2009 NEW DELHI - Reliance Power has posted a net profit of Rs.100.56 crore ($21 million) for the quarter ended June 30 as against Rs.59.7 crore reported in the like period last year. The total income has increased to Rs.144.24 crore from Rs.77.67 crore, the company said in a statement.
Usha Martin posts 50 percent drop in profitJuly 29th, 2009 KOLKATA - Speciality steel and wire rope manufacturer Usha Martin Limited Wednesday posted a consolidated profit after tax of Rs.32.03 crore for the first quarter of the current fiscal, against Rs.65.08 crore for the corresponding period last year. "On consolidated basis, profit is down by almost 60 percent as our wire rod mill remained shutdown for 24 days for increasing capacity from 300,000 tonnes to 400,000 tonnes, which has been completed successfully.
Sweden's Saab posts drop in 2Q profits, order bookings fallJuly 24th, 2009 Sweden's Saab posts 2Q drop in profitsSTOCKHOLM — Second-quarter profits in Swedish aerospace and defense group Saab AB more than halved on weaker demand, project delays and order cancellations, the company said Friday. Despite the drop, Stockholm-headquartered Saab said it expects sales for the full year 2009 to be higher than in 2008.
Engineering company ABB reports 31 pct drop in Q2 net profit to $675 millionJuly 23rd, 2009 ABB's Q2 net profit drops 31 pct to $675 millionZURICH — Swiss-based electrical engineering company ABB Group on Thursday posted a 31 percent drop in second-quarter net profit as orders fell due to the global economic recession. Profits for the quarter reached $675 million, down from $975 million in the same period last year.
Precision Castparts posts 13 percent drop in fiscal 1st-quarter profit as sales tumbleJuly 21st, 2009 Precision Castparts 1Q profit drops 13 percentPORTLAND, Ore. — Precision Castparts Corp., which makes metal components and products, said Tuesday its fiscal first-quarter profit fell 13 percent as sales tumbled on a volatile aerospace market and soft overall demand.
Gannett posts 2nd-qtr profit above analyst views, reversing year-ago loss despite sales dropJuly 15th, 2009 Gannett posts 2Q profit, beating analyst viewsMCLEAN, Va. — Gannett Co.
Air Products posts 36 percent drop in 2nd-quarter profit on lower salesApril 22nd, 2009 Air Products profit, revenue fall in fiscal 2QLEHIGH VALLEY, Pa. — Air Products & Chemicals Inc., which supplies oxygen and other gases to the industrial and medical sectors, on Wednesday said its fiscal second-quarter profit dropped 36 percent as the continued decline in the global manufacturing industry cut into its sales.
NTPC net profit up 5.6 percentApril 8th, 2009 NEW DELHI - State-run power generation firm NTPC Ltd Wednesday reported 5.6 percent increase in its provisional net profit for 2008-09. NTPC, formerly known as National Thermal Power Corp, posted Rs.7,827.4 crore ($1.5 billion) as profit for 2008-09, compared to Rs.7,414.8 crore the year before, the company said in a statement.
NTPC, Nuclear Power Corp ink joint venture pactFebruary 13th, 2009 NEW DELHI - The country's leading power producer NTPC Ltd Saturday signed a memorandum of understanding (MoU) with Nuclear Power Corp of India Ltd (NPCIL) to jointly produce nuclear power plants. As per the proposal, the power majors will set up a joint venture company in which NPCIL will hold 51 percent stake and NTPC will own the rest, a government statement said.
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