Total SA (FP), Europe’s third-largest oil producer, reported a 19 percent decline in fourth-quarter profit as refining margins in the region narrowed and output dropped. The company raised its dividend. Profit excluding changes in inventories dropped to 2.47 billion euros ($3.4 billion) from 3.04 billion euros a year earlier, the […]
Tag: Fourth Quarter
SocGen raises dividend payout after swing to fourth-quarter profit
French bank Societe Generale (SOGN.PA) pledged on Wednesday to return more capital to shareholders in 2014, after a swing to a fourth-quarter profit capped a long-running push to boost the strength of its balance sheet. France’s No. 2 listed bank has sold assets, cut jobs and pulled out of markets […]
Facebook Fourth Quarter Revenue Up 63%
Facebook has announced that its fourth quarter revenue in 2013 jumped 63% thanks to a boost in mobile advertising sales. The California-based social networking company earned $523m (£316m), between October and December last year. That is up $64m (£39m) from the previous year. Shares were up 7% at $57.36 (£34.64) […]
