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CNOOC posts 6.5% rise in 2014 profit, vows cost cuts amid low oil prices
2015-03-27 14:51:16| Oil & Gas - Topix.net
CNOOC, China's third largest oil company, reported a net profit of 60.2 billion yuan for last year, up from 56.5 billion yuan a year earlier. That beat a consensus forecast of 52.3 billion yuan from 23 analysts polled by Thomson Reuters.
FTC Focuses on Emerging Technologies Amid Congressional Efforts to Expand Data Security Enforcement
2015-03-24 16:43:48| Electronics - Topix.net
Monday the Federal Trade Commission's Bureau of Consumer Protection announced the creation of the Office of Technology Research and Investigation , a new initiative focused on consumer protection in emerging technologies. The BCP is responsible for preventing unfair, deceptive, and fraudulent business practices by conducting investigations, bringing enforcement actions, and developing rules to facilitate a fair marketplace.
Tags: data
security
efforts
expand
MTA Officials Cop to Delays Amid Fare Hikes
2015-03-24 05:43:52| Railroads - Topix.net
A day after the fifth fare increase in eight years took effect, Metropolitan Transportation Authority officials acknowledge they're dealing with some troubling patterns in the subway. NY1's Jose Martinez filed this report.
Tags: officials
fare
delays
cop
Microsemi Gets Outperform Rating Amid Diversification
2015-03-23 20:25:56| Semiconductors - Topix.net
's efforts to expand its customer base and product lines prompted an analyst Monday to start coverage of the chipmaker with an outperform rating and a price target of 47. "Microsemi has been credibly transforming itself from a company with an oversized exposure to discretes, and to aerospace and defense, to a bigger company with a more profitable and diversified portfolio of products and end markets," BMO Capital Markets analyst Edward Williams said in a research note.
Tags: rating
amid
diversification
outperform
Greek-German summit amid debt fears
2015-03-23 02:12:31| BBC News | Business | UK Edition
Greek Prime Minister Alexis Tsipras is set to meet German Chancellor Angela Merkel amid mounting concern that Athens is running out of money.
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