July 27, 2016 archive

BP takes 45 Percent Hit on 2nd Q Earnings

Talk about taking a hit. How about the 45% drop in earnings in the second quarter for BP, the British energy company. Profits fell to $720 million from $1.3 billion in the same quarter a year ago, according to a statement released by the company.  BP’s net loss narrowed to $1.4 billion from $5.8 billion. The …

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