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Farmland Price Growth Slows; Bankers Cautiously Optimistic

2013-07-26 05:42:00| Beef

Rural economic growth continues at a healthy pace, despite predictions by ag bankers that growth in farmland prices will continue to slow and farm income will be down about 3% this year. read more

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Canadian National Sees Soft Second Half as Bulk Market Slows

2013-07-23 09:55:59| Railroads - Topix.net

Canadian National Railway Co., the country's largest railroad, said it may face a "challenging" second half because of "softness" in shipping bulk products such as grain.

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Rain slows massive Southern California wildfire

2013-07-22 02:57:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Heavy rains overnight helped slow a massive Southern California wildfire that had threatened the town of Idyllwild, a community about a mile above sea level known for its hiking trails, rock climbing and arts and music scene. Evacuation orders for Idyllwild and nearby Fern Valley were lifted late Sunday morning, and a spokeswoman for the U.S. Forest Service said tourism businesses were expected to re-open by evening. "Today the residents and business owners were able to go back home and tonight...

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Logging slows in Africa's rainforest

2013-07-22 02:14:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: Tree loss in one of the world's largest rainforests has slowed, a study suggests. Satellite images of Africa's Congo Basin reveal that deforestation has fallen by about a third since 2000. Researchers believe this is partly because of a focus on mining and oil rather than commercial agriculture, where swathes of forest are cleared. The work is published in the Philosophical Transactions of the Royal Society B. It is part of a series that is examining the state of Africa's forests. Dr...

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Intel lowers outlook as PC market slows more than expected

2013-07-18 07:58:00| Telecompaper Headlines

(Telecompaper) Intel has lowered its full-year outlook as the PC market slows more than expected. The world's largest chipmaker now expects flat revenues for 2013, after earlier forecasting a small increase, and cut its gross margin forecast to around 59 percent from 60 percent previously. In the second quarter, Intel reported revenues of USD 12.8 billion, up 2 percent on a sequential basis in line with its forecast but down 5 percent from a year earlier. PC Client revenues rose 1.4 percent from Q1, helped by a modest increase in inventory stocking and Haswell-based products, and data centre revenues were up 6.1 percent sequentially. The gross margin improved 2.1 percent compared to the first three months of the year to 56.8 percent. Operating profit fell 29 percent year-on-year to USD 2.7 billion, and net profit was also down 29 percent to USD 2.0 billion or USD 0.39 per share.

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