NewzRIO DE JANERIO RJ BR, Brazil (AP) — RIO DE JANERIO RJ BR, Brazil (AP) — Petroleo Brasileiro SA – Petrobras (PBR) on Thursday reported net income of $10.43 billion in its second quarter. On a per-share basis, the Rio De Janerio Rj Br, Brazil-based company said it had net income of $1.62. Earnings, adjusted for non-recurring costs, were $1.72 per share.
The oil and gas company posted revenue of $33.61 billion in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PBR at https://www.zacks.com/ap/PBR Source
PHOENIX (AP) — PHOENIX (AP) — Cable One Inc. (CABO) on Thursday reported a loss of $1.16 billion in its second quarter. On a per-share basis, the Phoenix-based company said it had a loss of $204.35.
Losses, adjusted for asset impairment costs and non-recurring costs, were $17.60 per share. The telecommunications company posted revenue of $348.9 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $347.8 million.
Cable One shares have dropped 61% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $44.48, a fall of 67% in the last 12 months. Access a Zacks stock report on CABO at https://www.zacks.com/ap/CABO Source
DALLAS (AP) — DALLAS (AP) — Valhi Inc. (VHI) on Thursday reported net income of $22.3 million in its second quarter. On a per-share basis, the Dallas-based company said it had net income of 78 cents.
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