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US new-home sales fell 6.8 pct. in June; possible sign of hot real estate market cooling off
2015-07-24 17:05:04| Real Estate - Topix.net
Fewer Americans bought new homes in June, a possible sign that the real estate market might not be as hot as it appeared at the start of summer. The Commerce Department said Friday that new-home sales slumped 6.8 per cent last month to a seasonally adjusted annual rate of 482,000.
US Economy Shrank .2 Pct in 1st Quarter, Rebound Expected
2015-06-24 20:01:05| Auto Dealers - Topix.net
The U.S. economy contracted in the first three months of the year, just not as much as previously estimated. More recent data show that the weakness was largely temporary, with a rebound in the works for the April-June quarter.
Tags: expected
1st
economy
quarter
Corning's stock could jump 40 pct over next 18 months - Barron's
2015-06-08 04:40:10| Electronics - Topix.net
Shares of glassmaker Corning Inc could jump 40 percent in the next 18 months as demand for 4K ultra high-definition televisions climb, according to a report by Barron's on Sunday. The company that invented Pyrex is carving out a niche making products linked to the digital age, including glass for smartphones, optical fiber for networks and ultra thin glass to facilitate Internet video streaming, Barron's said.
Ryanair beats forecasts again as annual profits rise 66 pct
2015-05-26 11:03:39| Airlines - Topix.net
" Europe's leading budget airline Ryanair has beaten forecasts again, reporting full-year net profits of 867 million euros , 66 percent higher than the year before. The Dublin-based airline said Tuesday it filled 88 percent of its seats, up 5 points, in the fiscal year ending in March.
Tags: annual
rise
profits
beats
Brazil's Cosan 2014/15 sugar output down 9 pct
2015-05-26 08:45:51| Sugar Industry News
SAO PAULO, May 7 (Reuters) - The sugar and ethanol division of Brazilian conglomerate Cosan SA said late Wednesday its sugar output in the 2014/15 season fell more than 9 percent from the previous season after drought crimped cane development.
Tags: output
sugar
pct
brazils
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