Posts Tagged ‘quarter four’
BP posts 45% fall in annual profit
Oil giant BP has today posted a 45% fall to £8.75 billion in 2009-annual profit compared with the 2008 year.
Meanwhile profit for the fourth quarter of 2009 rose 33% to £2.16 billion ($3.45 billion) compared with the $2.59 billion posted a year earlier, as a result of the recovery in oil prices. However, the quarter [...]
UK manufacturing activity grows at fastest rate for 15 years
The CIPS/Markit manufacturing purchasing managers’ index (PMI) has today revealed UK manufacturing activity rose at its fastest rate in 15 years in January.
The figures will boost hopes that the economic recovery is gathering pace after last week’s disappointing fourth quarter GDP figures.
The PMI grew to 56.7 in January, up from a revised 54.6 the previous [...]
US Q4 economy growth beats expectations
The Commerce Department has today revealed that the US economy grew 5.7% in the final three months of 2009 – the fastest pace in six years and higher than analysts expectations.
The US economy emerged from recession in the third quarter after experiencing growth of 2.2% and today’s figures clearly show that after enduring the longest [...]
US to report Q4 GDP figures today
The world’s largest economy is to report its economic growth figures today for the final three months of 2009.
Economists are forecasting growth of around 4.6% in the fourth quarter on an annualised basis, up from 2.2% in the previous quarter.
The US economy emerged from recession in the third quarter after enduring the longest and [...]
Microsoft profits soar due to high demand for Windows 7
Microsoft, the world’s largest software company, has announced its profits for the October to December period and has exceeded analysts expectations.
The software giant, which released the Windows 7 operating system in October, said net profit came in at $6.66 billion (£4.13 billion) for the three months to 31 December 2009, compared with the $4.18 billion [...]