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Encana posts US$1.7-billion loss amid writedowns, lower prices for oil and gas

2015-05-12 20:07:15| Energy - Topix.net

Encana Corp. had a US$1.7-billion net loss in the first quarter and a 98 per cent drop in operating earnings as it felt the impact of lower oil and gas prices. Excluding those and other items, Encana had $9 million of operating earnings, which was better than analyst estimates but down from $515 million a year earlier.

Tags: posts prices lower loss

 

US stocks move lower amid bond market volatility

2015-05-12 19:08:39| IT Services - Topix.net

U.S. stocks edged lower in midday trading Tuesday, recovering much of an early tumble. Investors weighed the implications of a global slide in bond prices.

Tags: market lower move bond

 
 

US stocks move lower amid bond market volatility

2015-05-12 18:55:53| Telecom - Topix.net

U.S. stocks edged lower in midday trading Tuesday, recovering much of an early tumble. Investors weighed the implications of a global slide in bond prices.

Tags: market lower move bond

 

Encana posts US$1.7-billion loss amid writedowns, lower prices for oil and gas

2015-05-12 14:47:14| Oil & Gas - Topix.net

Encana Corp. had a US$1.7-billion net loss in the first quarter and a 98 per cent drop in operating earnings as it felt the impact of lower oil and gas prices. Excluding those and other items, Encana had $9 million of operating earnings, which was better than analyst estimates but down from $515 million a year earlier.

Tags: posts prices lower loss

 

AutoCanada Inc shares on the rise amid Alberta sales rebound

2015-05-12 08:15:22| Auto Dealers - Topix.net

Shares of dealership group AutoCanada Inc. soared for a second consecutive day Monday after management assured investors that sales in Alberta haven't been as weak as feared. After steadily falling for most of the past year, AutoCanada's stock rose as much as 8.5 per cent in early trading Monday following a 20-per-cent jump on Friday.

Tags: sales rise shares alberta

 

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