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United Technologies (UTX) Stock Falls on Light Guidance

2014-12-12 18:50:56| Industrial Machines - Topix.net

At a presentation to investors United Technologies said it expects earnings of $7 to $7.20 a share and revenue of $66 billion to $67 billion for full year 2015. Analysts surveyed by Thomson Reuters expect the company to report earnings of $7.27 a share and revenue of $67.52 billion for full year 2015.

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Petrobras (PBR) Stock Falls After Charges Announced in Corruption Scandal

2014-12-12 17:34:02| Oil & Gas - Topix.net

Suspects charged include Paulo Roberto Costa, former director of Petrobras' refining division as well as 23 executives from big Brazilian construction companies, and Alberto Youssef, who allegedly deals currency on the black market and distributed the bribe payments, according to Market Watch . A member of the group of federal prosecutors in the investigation told the publication they are looking to recover at least 1 billion reals through the charges, and have ruled out any possible out-of-court settlements.

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United Technologies (UTX) Stock Falls on Light Guidance

2014-12-12 16:55:41| Paper - Topix.net

At a presentation to investors United Technologies said it expects earnings of $7 to $7.20 a share and revenue of $66 billion to $67 billion for full year 2015. Analysts surveyed by Thomson Reuters expect the company to report earnings of $7.27 a share and revenue of $67.52 billion for full year 2015.

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Oil price falls on energy forecast

2014-12-12 13:27:12| BBC News | Business | UK Edition

The price of Brent crude falls on a report from the International Energy Agency which forecasts weaker demand in 2015.

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Oil falls to five-and-a-half-year low of around $63 a barrel

2014-12-12 01:00:00| Offshore Technology

The price of Brent crude oil declined to a five-and-a-half-year low of $63 a barrel on Friday amid concerns of a worldwide supply glut and dip in oil demand.

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