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Tag: bust
Oil's Slump: Boon Or Bust For Refiners?
2016-01-20 09:23:55| Oil & Gas - Topix.net
The slump in oil prices has been a boon for independent refiners like Valero Energy Corp. . Up 'til now, that is.
In Big Lake, residents are riding out the latest oil bust
2016-01-09 23:56:00| Climate Ark Climate Change & Global Warming Newsfeed
Associated Press: The week before Christmas, restaurant owner Terry Stevens warmly shook hands with oil workers and wished them a happy holiday as they walked out the door, some possibly for the last time. Stevens, a 52-year-old Michigan transplant, moved to this West Texas outpost five years ago, before the latest oil boom. Workers flocked to the Mexican restaurant as well as the sports bar he and his wife own because of menus promising five-egg omelets and dragon-size hamburgers. But now, with the price of oil...
Dutch V&D department stores go bust
2015-12-31 20:14:58| BBC News | Business | UK Edition
Vroom & Dreesman, the largest Dutch department store chain, has declared itself insolvent
Tags: department
stores
dutch
bust
Manitex Struggling As The Boom Cycle Goes Bust
2015-12-30 14:43:15| Industrial Machines - Topix.net
Every market day, we select up to 20 of our authors' top long and short ideas, exclusively for PRO subscribers. A sharp decline in energy capex has led to double-digit contractions in Manitex's core crane operations and squeezed margins while the balance sheet remains heavy with debt.
Tags: cycle
boom
struggling
bust
Crude Exports Boon Or Bust?
2015-12-30 12:56:33| Oil & Gas - Topix.net
On December 23, Enterprise Products Partners announced that the first cargo of US domestic light sweet was contracted to be loaded in January by Vitol taking 600,000 barrels of crude oil from the US to destinations yet unknown but rumored to be Europe. Within days of the end of the export ban, producers found a new market and now the Brent to WTI spread has shifted with WTI a premium to Brent for the 4th time this year .
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