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Wall St surges to new records

2014-11-24 17:05:56| Apparel - Topix.net

US stocks rose on Monday, with major indexes hitting fresh records on the back of multiple merger deals and hopes that China will take further accommodative monetary policy action. Equities closed a fifth straight week of advances Friday, with the Dow and S&P 500 ending at closing records on the back of accommodative action from central banks in China and Europe.

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Deforestation in Brazil's Amazon 'surges 450%'

2014-11-18 00:56:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: Deforestation in Brazil's storied Amazon basin region skyrocketed more than 450 percent in October from a year earlier, a non-governmental group warned Monday. The alarming loss was the equivalent of 24,000 football pitches, said Imazon, which works to support sustainable development in the massive and unique ecosystem. The group's Deforestation Alert System found that clearcutting in Brazil's nine Amazon basin states hit 244 square kilometers (94 square miles) for October. In October 2013 the...

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San Miguel Profit Surges

2014-11-11 04:27:44| Beverages - Topix.net

San Miguel Corp. said Monday that its net profit between January and September surged from the same period a year ago, as the Philippine conglomerate's diversification enabled it to withstand a margin squeeze suffered by its main revenue generator, oil refiner Petron Corp. The company posted a nine-month net profit of 13.2 billion pesos , up 75% from a year earlier.

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Arvind profit climbs as Q2 revenue surges 14%

2014-11-07 16:08:00| Daily apparel & textile news and comment - from just-style.com

Indian textile conglomerate Arvind Ltd has reported a 3.2% increase in second-quarter profit, thanks to higher sales at its brands and retail business.

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CDTi (CDTI) Stock Surges After Receipt of Two U.S. Patents

2014-10-31 14:16:36| Chemicals - Topix.net

The USPTO awarded the two patents for CDTi's new technology that replaces expensive platinum group and rare earth metals in catalytic converters. These patents represent the first of a family of patents for the company's Spinel technology, a proprietary clean emissions exhaust technology that CDTi claims will "dramatically reduce the cost of attaining more stringent clean air standards."

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