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Reuters: ConocoPhillips has big loss but shares up

Started by chris, January 28, 2009, 03:59:14 PM

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chris

ConocoPhillips has big loss but shares up
      


HOUSTON (Reuters) - ConocoPhillips  reported a massive fourth-quarter loss on Wednesday compared with a year-earlier profit as the oil major's results were hit by $34 billion in asset writedowns and a drop in crude oil prices.<div class="feedflare">
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