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Union Pacific sales hurt by coal slump
2015-10-22 15:49:52| Railroads - Topix.net
Union Pacific Corp. reported a 10% slide in sales Thursday as weak coal carloads, a chief driver of demand, dented the top line. The railroad also saw profit drop 5% in the three-month period ended Sept.
Tags: sales
union
pacific
hurt
Biotech Stocks Slump Again on Valeant's 'Smoking Gun'
2015-10-22 01:22:47| Biotech - Topix.net
Valeant later rebutted the claims it had fudged its sales numbers but the damage was done. Fear spread to its competitors.
Tags: gun
smoking
stocks
biotech
Railcar Orders' Biggest Drop Since 1980s Hints at Slump in Industrial Production
2015-10-21 18:42:19| Railroads - Topix.net
North American railcar orders plummeted the most in at least 27 years as railroads shipped less oil and sand used for drilling, adding to concern over a U.S. industrial production slowdown. Third-quarter orders for new freight cars plunged 83% from a year earlier to 7,374, according to the Railway Supply Institute.
Tags: production
orders
industrial
drop
FMC Cuts Profit Forecast as Real Slump Hurts Pesticide Sales
2015-10-13 20:25:19| Chemicals - Topix.net
Profit excluding one-time items is now expected to be $2.35 to $2.45 a share in 2015, Philadelphia-based FMC said Monday in a statement. Its projection in August was for $3 to $3.30 and the average of 15 analyst estimates compiled by Bloomberg was $3.02.
Prolonged Price Slump For Crude Oil, Natural Gas
2015-10-08 04:17:55| oilandgasonline Home Page
U.S. crude oil and natural gas production will continue to trend lower in the fourth quarter of this year, but both markets will likely remain oversupplied through 2016 and prices for both commodities will remain at multi-year lows.
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