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Closing Bell: TSX surges 175 points amid positive economic data, earnings reports

2014-10-24 02:57:04| Apparel - Topix.net

Signs that major pillars of the global economy may be in better shape than thought, along with strong earnings reports, sent North American stock markets sharply higher on Thursday. The S&P/TSX composite index ran ahead 174.76 points to 14,486.83, as traders resumed buying stocks beaten down during the sharp retracement of the last few weeks after pausing Wednesday.

Tags: data reports points positive

 

SEB profit surges on higher income, one-off gains

2014-10-23 10:50:34| Appliances - Topix.net

Swedish lender Skandinaviska Enskilda Banken AB Thursday reported a 46% surge in third-quarter net profit on higher net interest income and one-time gains, but cautioned that a more subdued business climate is starting to weigh on credit demand. Net profit at the Stockholm-based bank rose to 5.47 billion Swedish kronor on a 9% increase in net interest income to 5.17 billion kronor and 2.18 billion kronor in net other income, stemming from one-time capital gains from the sale of shares in MasterCard Inc. and a number of closed venture capital deals.

Tags: higher income profit gains

 
 

Boulder Brands Inc (BDBD): Mario Gabelli Surges Exposure To 7.4%

2014-10-21 01:31:08| Agriculture - Topix.net

Mario Gabelli 's GAMCO Investors disclosed today a 50% increase in its -activist- stake in Boulder Brands Inc . Over the past couples of months, the funds affiliated with Mr. Gabelli have been pretty active in the company, constantly buying and selling its stock.

Tags: to brands mario exposure

 

U.S. Beef Export Value Surges Past $325/Head

2014-10-18 15:34:00| Beef

U.S. beef exports continue to climb on a value basis, although higher prices wrought by tight supplies are beginning to dampen the volume of trade. On the other side of the equation, U.S. beef imports are increasing by necessity. read more

Tags: past export beef surges

 

Vietnam surges ahead in US apparel import gains

2014-10-10 18:48:00| Daily apparel & textile news and comment - from just-style.com

Spurred on by the back-to-school season and fears of potential disruption to shipments of holiday merchandise amid the dockworkers contract dispute at major West Coast container ports, US apparel imports in August reached their highest level in more than a year.

Tags: apparel import ahead vietnam

 

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