je.st
news
Tag: slump
Civeo cuts jobs amid oil slump
2014-12-30 15:56:48| Oil & Gas - Topix.net
Civeo Corp , which provides temporary housing for oilfield workers and miners, slashed its workforce on Monday and said revenue could fall by a third as slumping crude prices force oil producers to cut costs The warning adds jitters to the already-wary global oil market and highlights weakness in Australia's coal industry, one of Civeo's biggest markets which has been battered by low global demand for steel. Civeo suspended its quarterly dividend and said it has reduced its workforce in the United States, its smallest market, by 45 percent, and in Canada, its second-biggest market, by 30 percent.
U.S. Index Futures Gain on Fed Bets After 3-Day Slump
2014-12-17 15:14:24| Trucking - Topix.net
U.S. stock futures advanced, indicating the Standard & Poor's 500 Index will rebound from a three-day slump, amid speculation the Federal Reserve will remain supportive of the economy even as policy makers gear up for an interest-rate increase. Bank of America Corp. and Goldman Sachs Group Inc. climbed at least 0.8 percent to lead gains among banks.
Oil price slump sorts the hedged from the unhedged
2014-12-13 21:49:00| Oil & Gas - Topix.net
Oil's slide to the lowest price in more than five years is carving a divide between U.S. shale drillers who heavily hedged future production and those who didn't. While financial hedges are commonly required by many oilfield lenders, the industry's mid-sized U.S.-focused shale field producers pursued varied strategies when it came to protecting future revenues, according to a Reuters review of filings and interviews with bankers and experts.
Wall Street bounces after three-day slump
2014-12-12 14:53:27| Apparel - Topix.net
US stocks rose on Thursday as upbeat retail sales figures and other US data pointed to a strengthening economy and lifted optimism about consumer spending. Indexes ended well off their highs for the day, however, paring gains late in the session as US crude oil fell below $60 a barrel for the first time in five years.
Tags: street
wall
wall street
bounces
Milk Glut Spurs Slump in Win for U.S. Butter Eaters: Commodities
2014-12-12 04:20:55| Food - Topix.net
Milk is flowing like never before in the U.S., where dairies have expanded output enough to send wholesale prices plunging from an all-time high in September. Production in the 12 months through October reached 17.08 billion pounds a month on average, up 1.8 percent from the same period a year earlier, as farmers took advantage of high milk prices and low livestock-feed costs, government data show.
Tags: win
milk
butter
commodities
Sites : [64] [65] [66] [67] [68] [69] [70] [71] [72] [73] [74] [75] [76] [77] [78] [79] [80] [81] [82] [83] next »