Sinopec’s Quarterly Net Falls 69%
Sinopec said its net fell 69%, as Beijing’s subsidy for controlled fuel prices wasn’t enough to offset surging oil costs.
Posted on April 27th, 2008 by
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Sinopec said its net fell 69%, as Beijing’s subsidy for controlled fuel prices wasn’t enough to offset surging oil costs.
Posted on April 27th, 2008 by
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China Construction Bank posted a first-quarter net profit of $4.58 billion, beating the 31.5 billion yuan Macquarie Research had expected.
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Investors will digest another big round of earnings, to include Dow components Chevron and Exxon Mobile, and a slew of key economic data: GDP, unemployment and an FOMC meeting. Stacey Delo has a look at what to expect. (April 25)
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With Charter Communications’ stock in danger of being delisted, investing in the company’s bonds is probably a safer play, says Tiernan Ray of Barron’s Online. (April 25)
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Acclaimed author A.M. Holmes discusses her new memoir, “The Mistress’s Daughter,” which talks about her adoption and reunion with her biological parents. She tells WSJ’s Bob Hughes how readers are reacting to her story. (April 25)
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WSJ’s Nancy Keates documents the process of deconstructing and recycling her house. (April 25)
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Both Home Depot and Lowe’s are cutting back on plans for new stores as they wait for economic stability. Russell Brit reports. (April 25)
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Take a video tour of the Proenza Schouler studios. WSJ’s Teri Agins speaks with designers Jack McCollough and Lazaro Hernandez about how they aim to be “unknockoff-able” with their clothing line. (April 25)
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