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Illinois-headquartered BP America Inc. plans to cut 40 jobs in Farmington when it closes its office by the end of this year in the New Mexico portion of the San Juan Basin. BP officials said in a statement they are closing the office improve efficiency and competitiveness in the San Juan Basin. Is said it has no plans to decrease its investment in New Mexico despite the cuts, BP said in a statement, according to the Daily times.
Categories: Yahoo FinanceGet free summary analysis Mesabi Trust reports financial results for the quarter ended April 30, 2017. We analyze the earnings along side the following peers of Mesabi Trust – Applied Industrial Technologies, Inc. (AIT-US) that have also reported for this period. Highlights Summary numbers: Revenues of USD 3.66 million, Net Earnings of USD 3.36 million. ... Read more (Read more...)
The New York-based company said it had net income of 26 cents per share. The iron ore miner posted revenue of $3.7 million in the period. Mesabi shares have climbed 30 percent since the beginning of the ...