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Wholesale Prices Continued Decline for Fifth Straight Month

2014-10-15 23:49:22| AutomotiveDigest.com - Automotive Industry News

Tom Kontos Executive Vice President & Chief Economist ADESA Analytical Services Wholesale used vehicle prices declined for fifth straight month in September. Year-over-year, prices saw a modest increase that may have masked the actual market conditions. There was a higher percentage of institutional sales of late-model vehicles compared to last year. Stronger used retail sales […] The Article Wholesale Prices Continued Decline for Fifth Straight Month appeared first on Automotive Digest.

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Gibraltar Industries: This Rock Is Sturdier Than The Recent Stock Decline And Valuation Suggests

2014-10-14 08:07:44| Steel - Topix.net

The lowered guidance due to weak end-market demand for repair and remodeling is more than reflected in the 7.7x EBITDA multiple and ~20% stock decline. Steady FCF helped reduce the net leverage ratio by>50% since 2010; a 2013 refinancing reduced the interest rate by 175 bps and extended the maturity from 2015 to 2021.

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Ample supply causes oil to decline to just above $88

2014-10-14 01:00:00| Offshore Technology

The price of Brent crude declined to just above $88 a barrel on Tuesday due to ample supply, despite slim chances of a cut in oil production by Organization of the Petroleum Exporting Countries (OPEC).

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Investment in Australian resources industry likely decline as climate concerns grow

2014-10-13 08:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Canberra Times: Something very significant is happening in the financial world. It's waking up to genuine climate and carbon investment risks and this money is beginning to talk. The Rockefeller Brothers Fund, derived from the world's biggest and best-known oil baron, is refusing to invest in fossil fuels. Stanford University announced in May that its endowment funds wouldn't directly invest any more in coal companies. Norway's sovereign wealth fund, the world's largest, is reviewing its stand and will report...

Tags: resources industry investment concerns

 

The remarkable decline of oil spills in the Baltic Sea - lessons learnt?

2014-10-13 01:00:00| Offshore Technology

Oil spills in the Baltic Sea have continued to drop off in recent years as a result of various authoritative measures, revised legislation and improved aerial and satellite surveillance. Ross Davies takes a closer look at the region's success story

Tags: sea oil lessons decline

 

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