Daily Business News
Tuesday, October 24, 2006
  BP says Q3 profits jump 58 pct on asset sales (Reuters)

The BP logo is seen at a gas station in an undated file photo. Oil producer BP Plc on Tuesday reported a 58 percent rise in third-quarter replacement cost profit to $6.975 billion. (Kieran Doherty/Reuters)Reuters - Oil producer BP Plc's third-quarter replacement cost net profit rose 58 percent to $6.975 billion thanks to asset sales but still undershot analysts' forecasts as production and refining margins fell.


  3:07 AM
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