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Canada: Did Alberta Just Break Fracking Earthquake World Record?

2015-01-29 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Tyee: Hydraulic fracturing, a technology used to crack open difficult oil and gas formations, appears to have set off a swarm of earthquakes near Fox Creek, Alberta, including a record-breaking tremor with a felt magnitude of 4.4 last week. That would likely make it the largest felt earthquake ever caused by fracking, a development that experts swore couldn't happen a few years ago. Fracking operations in British Columbia's Montney shale generated similar seismic activity of that magnitude last year,...

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UPDATE 2-Electrolux shares hit record after profit beat and upbeat outlook

2015-01-28 22:16:51| Appliances - Topix.net

Home appliances maker Electrolux AB has raised its growth forecast for European markets this year after cost cuts powered it to a bigger than expected rise in quarterly earnings, sending its shares to a record high. The Sweden-based group, which makes fridges and dish washers under brands such as AEG and Zanussi as well as its own name, saw cost cuts in 2014 from years of plant closures kick in to fortify earnings amid tepid demand outside a firmly expanding U.S. market.

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Apple's Record Quarter; New Google Fiber Cities; Twitter Group DMs

2015-01-28 19:02:42| PC Magazine Cell Phones Product Guide

From Apple's record iPhone sales to the newest Google Fiber cities, here's what you missed on Tuesday.

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Electrolux's strong earnings boost shares to record on Scandinavian market

2015-01-28 17:56:53| Appliances - Topix.net

Electrolux AB, which has its North American headquarters in Charlotte, posted a $117 million profit in the fourth quarter, swinging from a $120 million loss a year earlier.

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SK Hynix fourth-quarter profit sets new record on firm memory demand

2015-01-28 08:58:19| Semiconductors - Topix.net

South Korean memory chip maker SK Hynix Inc said on Wednesday its October-December operating profit more than doubled to a quarterly record high, boosted by healthy demand from servers and new smartphones launched by Apple Inc. SK Hynix, the world's second largest maker of DRAM chips used in personal computers and smartphones, said its DRAM shipments rose 18 percent from the previous quarter while the average selling price fell by 3 percent. Memory chip makers have been booking higher profits in recent quarters thanks to better-than-expected demand for personal computers and data servers as well as careful capacity management across the industry.

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