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Tag: slump
Extended slump in oil taking toll on industry, economy
2015-07-31 21:23:08| Oil & Gas - Topix.net
As drivers, shippers and airlines continue to enjoy lower fuel prices, the oil industry is responding to much lower profits with sharp cuts in spending and employment that are hurting economic growth.
Tags: industry
taking
extended
oil
Extended Slump in Oil Taking Toll on Industry, Economy
2015-07-31 20:50:33| Chemicals - Topix.net
As drivers, shippers and airlines continue to enjoy lower fuel prices, the oil industry is responding to much lower profits with sharp cuts in spending and employment that are hurting economic growth. Low oil and gas prices are good for the overall economy because they reduce costs for consumers and business.
Tags: industry
taking
extended
oil
Heavy weather, oilpatch slump lower H&E profit
2015-07-30 15:24:12| Industrial Machines - Topix.net
Heavy rains in May and a slumping oil industry put a damper on the second-quarter results of H&E Equipment Services Inc., a Baton Rouge-based construction-equipment supplier. H&E's profit dipped to $11.5 million, or 33 cents per share, compared to $15.7 million, or 45 cents per share, a year ago.
Tags: lower
heavy
weather
profit
'Tourism slump hits' Kenya Airways
2015-07-30 12:38:59| BBC News | Business | UK Edition
One of Africa's largest airlines Kenya Airways announces its biggest ever annual loss citing a slump in tourism and increased competition.
Tags: hits
tourism
kenya
airways
China auto sales slump hits industry fortunes
2015-07-29 10:54:44| Auto Dealers - Topix.net
June sales in the biggest car market by number of vehicles sold shrank by 3.4 percent from a ye... . In this Tuesday, July 28, 2015 photo, maintenance workers walk past a billboard for a Mercedes sedan outside a car dealership in Beijing.
Tags: auto
sales
china
industry
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