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Trinity Guardrails Pass First of 8 Mandated Crash Tests

2015-02-09 14:37:08| Railroads - Topix.net

Trinity Industries Inc.'s guardrail system, which has come under scrutiny for locking when hit and piercing cars instead of helping them slow, passed the first four of eight government-mandated crash tests, a federal highway agency said. The Federal Highway Administration said last Friday that the devices used in the tests didn't penetrate the vehicles or their occupant compartments.

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Oil crash to drag on booming Texas economy

2015-02-08 15:02:52| Energy - Topix.net

For the past five years, the economy of Texas has outperformed the rest of the United States, but the collapse in oil prices has left the Lone Star State facing its toughest test since the financial crisis. A 50 percent tumble in oil prices since June has prompted companies such as Royal Dutch Shell and Chevron to slash billions of dollars in worldwide investment.

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Oil crash to drag on booming Texas economy

2015-02-08 14:19:33| Oil & Gas - Topix.net

For the past five years, the economy of Texas has outperformed the rest of the United States, but the collapse in oil prices has left the Lone Star State facing its toughest test since the financial crisis. A 50 percent tumble in oil prices since June has prompted companies such as Royal Dutch Shell and Chevron to slash billions of dollars in worldwide investment.

Tags: texas oil economy crash

 

Guardrail crash test failed, engineering expert says

2015-02-07 06:27:51| Railroads - Topix.net

NORFOLK, Va. - The head of a highway guardrail that's supposed to absorb energy from a crash failed the last of eight tests, penetrating the passenger side of a small car, according to a court document filed Guardrail crash test failed, engineering expert says NORFOLK, Va.

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Banks crash through analysts' targets

2015-02-07 04:01:18| Automakers - Topix.net

A renewed chase for yield has sparked a "sudden and unexpected" surge in the market valuations of the big four banks this year, pushing share prices to record highs and beyond analysts' targets, and raising questions over how much further they can run. The moves have been particularly pronounced in the case of Commonwealth Bank of Australia stock, which at $93.27 a share is $10 ahead of where the broker analyst community believes the stock will trade in a year's time, on Bloomberg data.

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