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Oil industry digs in for quiet summer amid sagging prices

2015-09-20 19:42:19| Oil & Gas - Topix.net

NZ not immune to sagging prices that have cost tens of thousands of jobs in the sector around the world. One analyst says NZ is coming off a natural peak, with four offshore rigs in operation last summer, but none this year.

Tags: prices industry summer oil

 

Freeport-McMoRan Craters Amid New Equity Issuance; Don't Blame The Dilution

2015-09-19 13:31:56| Real Estate - Topix.net

Freeport-McMoRan announced a substantial amount of shares had already been issued and further authorization had been provided to issue more. Bearish sentiment on China may be weighing heavily on copper prices.

Tags: the equity blame issuance

 
 

Should You Sell JetBlue Amid Weak Air Fare Environment?

2015-09-19 08:02:22| Airlines - Topix.net

JetBlue has fared better than its peers and will continue to perform better due to its unique revenue generating initiatives. The great plunge in oil price has been a blessing for the U.S. airlines over the last few months.

Tags: air sell environment fare

 

United Airlines CEO Quits Amid Airports Probe

2015-09-19 03:52:44| Airlines - Topix.net

The chairman and CEO of United Airlines is stepping down in connection with an investigation into the airline's dealings with the agency that operates New York airports. United Continental Holdings Inc. said Tuesday that Jeff Smisek and its executive vice president of communications and government affairs and its senior vice president of corporate and government affairs had resigned.

Tags: united ceo probe airlines

 

SABMiller soars amid takeover rumours

2015-09-16 10:05:08| Beverages - Topix.net

SABMiller shares climbed as much as 4.1 percent on renewed speculation that the beer company could be a takeover target of larger rival Anheuser-Busch InBev NV, the maker of Budweiser. Investors seized on the fact that ABI's chief financial officer didn't appear at a conference last week, said Morningstar analyst Adam Fleck, citing an investor blog.

Tags: amid takeover rumours soars

 

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