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Oil prices decline below $80 a barrel to four-year low

2014-11-13 01:00:00| Offshore Technology

The price of Brent crude oil declined below $80 a barrel today to a four-year low following the release of Chinese data, which showed a further slowdown in factory activity.

Tags: to low prices oil

 

Automobile sales decline in October

2014-11-10 12:17:01| Auto Dealers - Topix.net

The industry produced a total 1,991,669 vehicles including passenger vehicles, commercial vehicles, three wheelers and two wheelers in October 2014 as against 2,088,003 in October 2013, registering a de-growth of 4.61 percent over the same month last year. The sales of Passenger Vehicles grew by 2.30 percent in April-October 2014 over the same period last year.

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Telefonica slows German revenue decline to 0.5% in Q3

2014-11-10 10:50:00| Telecompaper Headlines

(Telecompaper) O2 Germany added 143,000 postpaid customers and 70,000 new prepaid customers in the third quarter to take its mobile base to 19.6 million at the end of September. The figures do not yet include E-Plus, which was consolidated only from 01 October. The operator's retail fixed broadband base fell by another 31,000 customers in Q3 to 2.2 million. Telefonica said the Q3 results confirmed the improving trend since the beginning of the year, with revenues in the third quarter down only 0.5 percent year-on-year to EUR 1.219 billion, compared to drops of 4.4 percent in Q2 and 8.8 percent in Q1. Mobile service revenues totaled EUR 754 million, down 1.5 percent. The drop in mobile revenue was limited by growth in mobile data and the company's data monetisation strategy. Mobile data revenues including SMS revenues were up 0.2 percent in Q3 to EUR 366 million. Non-SMS mobile data revenue was up 9.3 percent in the same period. OIBDA was still down 17.8 percent to EUR 240 million in Q3, giving a margin of 19.7 percent. The result was hurt by initial restructuring costs related to the acquisition of E-Plus as well as investments in sales and marketing. Capital expenditure was down 15.6 percent year-on-year to EUR 145 million. Telefonica said it had already started the integration of E-Plus with the appointment of new management and plans to cut 1,600 duplicate jobs from the merged group.

Tags: german revenue decline q3

 

Meat Market Update | Beef Cutout Price Rally, Volume Decline

2014-11-06 19:23:00| Beef

The weekly average Choice Box Beef Cutout price increased following the rally in the Daily Cutout, but volume declined dramatically in every category. Total volume was down almost 1,000 loads compared to the previous week. Ed Czerwien, USDA Market News read more

Tags: price market volume update

 

CME: Decline in Hog Prices

2014-11-05 01:00:00| ThePigSite - Industry News

US - Could cash hog prices really fall by as much as Lean Hogs futures now suggest? Anyone who might say “No way!” to that question should ponder the question “Did you think hog prices could every rise by as much as they did this past year?” Writes Steve Meyer and Len Steine.

Tags: prices decline hog cme

 

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