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Peso's Tumble Makes Winners Out of Mexican Auto Parts Suppliers

2016-01-12 20:37:11| Auto Parts - Topix.net

Mexican car parts makers are emerging as the winners from the weakest peso since at least 1993, with a boost from dollar-based contracts and record U.S. auto sales. The peso's 18 percent decline against the dollar in the past year will help fuel profit at Rassini SAB because most of its sales are in greenbacks while a significant share of costs are denominated in pesos, according to Corporativo GBM SAB.

Tags: auto makes parts suppliers

 

Charney makes $300m bid for American Apparel

2016-01-12 12:01:00| Daily apparel & textile news and comment - from just-style.com

Dov Charney, the ousted CEO of American Apparel, has joined forces with two private equity firms in a US$300m bid to buy back the retailer.  

Tags: american makes apparel bid

 
 

Moove over cows: A new milk makes its mark in the dairy industry

2016-01-12 11:04:58| Grocery - Topix.net

Mooove over, cows. There's another milk that's pleasing the palates of consumers.

Tags: the makes mark industry

 

Rockhopper makes oil discovery at offshore Isobel Deep well in North Falklands basin

2016-01-12 01:00:00| Offshore Technology

UK-based Rockhopper Exploration has made an oil discovery at its offshore exploration well 14/20-2, Isobel 2 Re-drill in north Falklands.

Tags: north makes deep oil

 

Unlimited data plans makes a comeback for one wireless carrier

2016-01-11 17:47:48| Wireless - Topix.net

AT&T is once again experimenting with offering unlimited data plans to smartphone customers while promoting its DirecTV service, signaling a potential reversal of industry trends toward data caps and charges for big video watchers. AT&T is trying to capitalize on its $48.5 billion purchase of DirecTV last year.

Tags: data makes plans wireless

 

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