Total Profit Rises 35% on Higher Oil Prices Amid Output Drop
Business Week reports that Total SA’s (NYSE:TOT) first-quarter profit inched up 35 percent.
Business Week reports that Total SA’s (NYSE:TOT) first-quarter profit inched up 35 percent.
The market news is quoted as saying:
Profit excluding changes in inventories and the value of a stake in Sanofi-Aventis SA rose to 3.1 billion euros ($4.6 billion) from 2.3 billion euros a year earlier, the Paris-based company said today. That beat the 3 billion-euro average in a Bloomberg survey of analysts. Net income rose 51 percent to 3.95 billion euros.
MARKETS
COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 1874.79 | +6.62 | |
| Silver | 22.28 | +0.01 | |
| Copper | 4.03 | -0.01 | |
| Palladium | 1713.17 | 0.00 | |
| Platinum | 1087.26 | 0.00 | |
| Oil | 75.62 | +1.51 | |
| Heating Oil | 2.85 | +0.08 | |
| Natural Gas | 2.53 | +0.07 | |
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