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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.

Tags: update profit corp shares

 

Precision Castparts Corp. - Mergers & Acquisitions (M&A),...

2014-09-29 03:54:05| Industrial Machines - Topix.net

Project Description: MarketLines' Precision Castparts Corp. Mergers & Acquisitions , Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions , divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Precision Castparts Corp. since January 2007. Scope: * Provides intelligence on Precision Castparts Corp.'s M&A, strategic partnerships and alliances, capital raising and private equity transactions.

Tags: ma corp precision acquisitions

 
 

5 Things Duke Energy Corp Wants You to Know

2014-09-28 17:53:01| Energy - Topix.net

With income investors wondering where their dividend is headed, CEO Lynn Good took the stand earlier this month to tell shareholders everything they need to know. Here are the five biggest takeaways from her speech.

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MeadWestvaco Corp. VP Donna O. Cox Sells 7,590 Shares

2014-09-27 05:32:59| Paper - Topix.net

MeadWestvaco Corp. VP Donna O. Cox unloaded 7,590 shares of the company's stock on the open market in a transaction dated Friday, September 26th. The stock was sold at an average price of $41.19, for a total transaction of $312,632.10.

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Whirlpool Corp /de/ Files (8-K) Disclosing Entry into a Material...

2014-09-27 04:40:58| Appliances - Topix.net

WHIRLPOOL CORP /DE/ FILES Disclosing Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant entered into a Second Amended and Restated Long-Term Credit Agreement , by and among the Company, certain other borrowers, the lenders referred to therein, . as Syndication Agents.

Tags: into material entry files

 

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