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Tag: update
UPDATE 1-Sumitomo Corp shares slump after profit forecast slashed
2014-09-30 08:04:45| Chemicals - Topix.net
Shares in Sumitomo Corp slumped more than 10 percent on Tuesday after the Japanese trading house slashed its annual profit forecast by 96 percent due to losses on a U.S. shale project and sharp declines in iron ore and coal prices. Sumitomo said on Monday it will set up a task force to review its minerals investment strategy as well as review its risk management system, after booking impairment losses of 270 billion yen before tax benefits.
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profit
corp
shares
UPDATE 1-Salix's constipation drug gets approval for expanded use
2014-09-30 04:30:30| Biotech - Topix.net
The injection, Relistor, has now been approved for use in patients on opioids for chronic pain unrelated to cancer, the company said on Monday. Relistor was first approved in 2008 to treat opioid-induced constipation in severely ill patients who did not respond to laxatives.
Tags: use
update
drug
expanded
UPDATE 1-Pioneer Natural Resources plans to double U.S. oil exports in 2015
2014-09-30 00:38:25| Oil & Gas - Topix.net
Pioneer Natural Resources plans to double its U.S. exports of condensate, an ultra-light oil, to 50,000 barrels per day next year, its chief executive said on Monday. The U.S. shale resources explorer, along with Enterprise Product Partners LP, received the green light from the U.S. government in March to ship the ultra-light crude as the country softened a 40-year ban on oil exports.
Tags: resources
update
natural
double
Eastmoreland-Woodstock update 9-26-14
2014-09-26 23:17:40| PortlandOnline
Word Document, 21kbCategory: Current Projects
Tags: update
UPDATE 1-S&P restores GM debt to investment grade
2014-09-26 05:43:06| Automakers - Topix.net
General Motors Co's corporate debt was raised by Standard & Poor's to investment grade, another critical step in the automaker's long recovery from its 2009 bankruptcy and reorganization. S&P on Thursday lifted GM to BBB-, after downgrading the unsecured debt of GM's predecessor to junk-bond status in 2005.
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investment
grade
debt
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