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UPDATE 1-Sumitomo Corp shares slump after profit forecast slashed
2014-09-30 08:04:45| Chemicals - Topix.net
Shares in Sumitomo Corp slumped more than 10 percent on Tuesday after the Japanese trading house slashed its annual profit forecast by 96 percent due to losses on a U.S. shale project and sharp declines in iron ore and coal prices. Sumitomo said on Monday it will set up a task force to review its minerals investment strategy as well as review its risk management system, after booking impairment losses of 270 billion yen before tax benefits.
Tags: update
profit
corp
shares
Slump in energy stocks pulls US indexes lower
2014-09-09 21:24:00| Energy - Topix.net
Exxon Mobil led the declines in the Dow Jones industrial average as the price of oil fell to the lowest level since January. The Standard & Poor's 500 fell six points, or 0.3 percent, to 2,001.
Tags: lower
energy
stocks
indexes
Slump in energy stocks pulls US indexes lower
2014-09-08 23:25:26| Chemicals - Topix.net
Exxon Mobil led the declines in the Dow Jones industrial average as the price of oil fell to the lowest level since January.
Tags: lower
energy
stocks
indexes
Slump in energy stocks pulls US indexes lower
2014-09-08 22:44:16| Energy - Topix.net
Exxon Mobil led the declines in the Dow Jones industrial average as the price of oil fell to the lowest level since January.
Tags: lower
energy
stocks
indexes
Slump in energy stocks pulls US indexes lowervisit|article-5742027|mobile_home_category_body-6368|3
2014-09-08 22:35:07| Oil & Gas - Topix.net
This Jan. 4, 2010 file photo shows an entrance to a Wall Street subway station in New York. U.S. stocks are edging lower in early trading Monday, Sept.
Tags: energy
stocks
indexes
pulls
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