Fri, 17 Jan 2014 12:19:04 GMT
Shell profit surprisingly declines in Q4
Royal Dutch Shell Plc profit declined sharply amid rising losses in America and deteriorating refining markets. The October-December net profit reached $2.9 billion versus $4.5 billion a quarter ago, while analysts predicted the net earnings to rise to $4.9 billion. Today, Royal Dutch Shell Plc. stocks are declining 1.93% to 27.22 euro by 11:00 GMT in Amsterdam.