The week in business: July 28-Aug 1
A guide to company results and meetings, and economic statistics
Tuesday July 29
Oil giant BP is expected to report bumper second-quarter profits buoyed by soaring oil prices. However, investors are getting worried over the future of its Russian TNK-BP joint venture where an escalating shareholder dispute led to the forced exit of chief executive Robert Dudley from Moscow last week. Analysts are forecasting clean net profits of between $7.0bn-$8.20bn, up from $5.3bn last time.
Thursday July 24
Royal Dutch Shell is expected to announce strong second-quarter earnings as the sharp rise in oil prices continues to offset a decline in oil and gas production and the continued weakness in its refining and marketing business..
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/07/28/ccweek128.xml
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