ConocoPhillips Earnings Decline in Quarter
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The company said third-quarter net income fell 5 percent on weakness in refining, but the decline was less than Wall Street had feared.
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Falling production and refinery problems dents BP's second-quarter earnings, which dipped 1% to $6.09bn.
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U.S. investment bank Morgan Stanley  on Wednesday said quarterly profit dropped 34 percent amid reduced trading revenue, falling well short of Wall Street's already-lowered expectations and pushing the company's shares down more than 8 percent.
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Schlumberger Ltd. , the world's largest oilfield services company, on Friday posted a third-quarter profit but weakness in the U.S. Gulf of Mexico and a pullback in its Russian operations weighed on shares.
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Oil and gas producer Kerr-McGee Corp. (KMG) on Wednesday reported a fall in quarterly profit, citing a writedown related to a pigment plant and higher environmental charges.
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ConocoPhillips , the No. 3 U.S. oil company, posted higher fourth-quarter earnings on Wednesday, beating Wall Street expectations on record oil prices.
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U.S. investment bank Morgan Stanley  MWD.N on Wednesday said quarterly profit dropped by a third  on lower bond trading revenue, weak equities results and higher  expenses, falling short of Wall Street's low expectations and  pushing its shares down as much as 8 percent.
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Drilling contractor Ensco International Inc. on Tuesday said its earnings fell 7 percent in the third quarter on charges from damage caused by Hurricane Ivan and from less use of its deepwater drilling rig during the period.
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Company reports a decline in its router business during its quarterly earnings, which barely met analyst expectations.
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Asset manager Federated Investors (FII.N: Quote, Profile, Research) on Thursday reported lower quarterly profits as the firm&#39;s assets declined in difficult market conditions.
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3M Co  said on Tuesday  fourth-quarter earnings fell as last year's results included a  gain for selling a business.
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Media giant Time Warner Inc. said Wednesday that third-quarter earnings declined year-over-year, and said it established $500 million in legal reserves related to pending government investigations and intends
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Morgan Stanley and Bear Stearns posted drops in quarterly profit yesterday, surprising some investors one day after two other big investment banks reported a rise in earnings.
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NEW YORK - Disappointing earnings from Morgan Stanley and oil prices topping $48 per barrel sent stocks sharply lower Wednesday as investors moved to protect their recent gains. The Dow Jones Industrial average dropped 115 points...
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ConocoPhillips  posted higher fourth-quarter earnings on Wednesday as record oil prices outweighed lower profits from gasoline production.
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California utility PG&E Corp.  posted lower fourth-quarter earnings on Thursday, hurt by severance costs from streamlining operations at its Pacific Gas & Electric utility.
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LONDON, Feb. 6  â BP said Tuesday that its fourth-quarter profit fell 22 percent to a two-year low, driven down by the declining price of oil and increased safety spending.