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First Majestic Silver (AG) Stock Hits One-Year Low as Silver Prices Drop to Four-Year Low
2014-11-01 07:54:12| Industrial Machines - Topix.net
Silver futures for the December delivery dropped nearly 5% to $15.635, their lowest price since February 2010, according to Bloomberg . The decline occurred thanks in part to the Bank of Japan, which helped strengthen the U.S. dollar when it bolstered its stimulus by increasing its annual target for enlarging the monetary base to 80 trillion yen, or $723 billion, up from a range of 60 to 70 trillion yen.
Exxon defies low oil price with refining strength
2014-10-31 18:09:49| Energy - Topix.net
ExxonMobil Corp.'s refining and chemical operations rescued the company's third-quarter results amid falling global oil prices and lower oil and gas production. Exxon, the biggest U.S. oil company, posted a surprise increase in profit thanks to a 38 percent increase in profit from turning oil and gas into fuels and chemicals.
Exxon defies low oil price with refining strength
2014-10-31 17:51:37| Oil & Gas - Topix.net
NEW YORK - ExxonMobil Corp.'s refining and chemical operations rescued the company's third-quarter results amid falling global oil prices and lower oil and gas production. Exxon, the biggest U.S. oil company, posted a surprise increase in profit thanks to a 38 percent increase in profit from turning oil and gas into fuels and chemicals.
Exxon earnings up 6 per cent, easily beating expectations, as refining offsets low oil prices
2014-10-31 17:51:36| Oil & Gas - Topix.net
ExxonMobil Corp. profits rose 3 per cent in the third quarter as strong refining performance offset lower revenues from falling oil prices and production. The company said Friday it earned $8.07 billion on revenue of $107.49 billion in the third quarter.
UPDATE 1-Nippon Steel H1 profit inches up on low iron ore costs
2014-10-30 08:20:18| Steel - Topix.net
Nippon Steel & Sumitomo Metal Corp , Japan's biggest steelmaker, said on Thursday its first-half recurring profit rose 1.5 percent as lower material costs boosted margins and offset appraisal losses on its high-priced stockpiles. The world's No.2 steelmaker by output stuck to its full-year forecast of 400 billion yen in recurring profit, which is pre-tax before one-off items, compared with the 403.77 billion yen mean estimate of 16 analysts polled by Thomson Reuters I/B/E/S.
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