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BP Plc’ share price up, posts a third-quarter profit that surpasses analysts’ forecasts, to pay higher dividend

October 28, 2014 2:12 pm
The third-biggest oil producer on the territory of Europe, BP Plc, reported a third-quarter profit, that exceeded initial analysts estimates. The result is probably due to the underlying production increase and refining margins improvement. The companys Chief Executive Officer, Bob Dudley, said in BPs statement, cited by Bloomberg: “BP’s operational momentum continues to deliver results.” […] Read more

Softbank Corp.’s share price little changed, to invest over $800 million in India-based e-retailer Snapdeal and Ola Cabs

October 28, 2014 12:17 pm
The Japan-based telecommunications company Softbank Corp. revealed in a statement today that it is to make a $627-million investment in the Indian e-retailer Snapdeal.com in order to expand its reach on the constantly growing online market in the country. The company also said that its Internet and Media Inc. business is to invest additional $210 […] Read more