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Latest cattle reports hint at expansion slowdown

2016-07-26 22:20:00| Beef

By Alan Newport for Beef Producer Economist says USDA omission of midyear inventory report reduces information needed for decision-making. read more

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Verizon profit falls sharply after strike, mobile slowdown

2016-07-26 14:40:00| Telecompaper Headlines

(Telecompaper) Verizon reported a drop in second-quarter sales and profits, hurt by a seven-week strike during the period and the slowdown in growth at its mobile activities. Operating revenues of USD 30.5 billion were down 5.3 percent from a year earlier, or 3.5 percent lower after adjusting for the acquisition of AOL and sale of some local landline businesses. Operating profit tumbled 41.8 percent to USD 4.6 billion, after a sharp rise in SG&A costs. Net profit was down 80.9 percent to USD 831 million, after a gain from selling the landline activities, pension charge adjustments and costs for retiring around USD 10 billion in debt during the period. On an adjusted basis, earnings fell to USD 0.94 per share from USD 1.04, with an estimated impact of 7 cents a share from the strike.

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Little Sign of Slowdown in EU Exports

2016-07-26 02:00:00| ThePigSite - Industry News

EU - EU pork exports in May 2016 were marginally lower than in April but were still nearly double their level in the same month last year, at 226,000 tonnes.

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Barratt mulls construction slowdown following Brexit

2016-07-13 11:41:30| BBC News | Business | UK Edition

The UK's biggest housebuilder, Barratt, says it could slow its pace of construction in the light of the UK's vote to leave the EU.

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Gulf stream slowdown to spare Europe from worst of climate change

2016-07-11 15:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Phys.Org: Europe will be spared the worst economic impacts of climate change by a slowing down of the Gulf Stream, new research predicts. Scientists have long suggested that global warming could lead to a slowdown - or even shutdown - of the vast system of ocean currents, including the Gulf Stream, that keeps Europe warm. Known as the Thermohaline Circulation, this system operates like a conveyor belt, transporting warm water from the tropics to Europe, where evaporation decreases salinity and density so...

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