Cognex profits rise

Saturday, February 16th, 2008

Cognex has announced its financial results for the fourth quarter and year ended December 31, 2007. The fourth quarter of 2007 was a very good quarter for Cognex,” said Robert J. Shillman, chairman and chief executive officer of Cognex. “I am pleased to say that revenue and earnings per share, excluding stock-option expense, were at […]

Chevron boosts profit

Saturday, February 2nd, 2008

Chevron Corp., the second largest U.S. oil company, said Friday its profit rose 29.2% in the fourth quarter, beating expectations, as surging prices for crude oil offset weak results from its refining business.The oil company posted earnings of $4.88 billion, or $2.32 per share, up from $3.77 billion, or $1.74 per share, a year earlier. […]

Shell - higher costs, higher taxes and lower production volumes

Saturday, February 2nd, 2008

The Anglo-Dutch oil and gas company posted a 60.4% increase in fourth-quarter profits Thursday, to $8.5 billion, from $5.3 billion, but most of the gain came from the jump in crude prices this year. Excluding price fluctuations and a $963 million gain from asset sales, net profit for the quarter came in at a more […]