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UPDATE 1-More pain seen ahead for U.S. banks exposed to energy loans
2016-01-14 05:17:07| Apparel - Topix.net
U.S. banks exposed to energy-related loans will need to set aside even more money than previously expected to cover potential losses as oil prices near 12-year lows. Earlier on Wednesday, BOK Financial Corp became the third U.S. bank over the past month to increase its cushion for energy loans, and analysts said there was more to come as earnings season kicks off this week.
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CSX predicts challenging year ahead
2016-01-13 18:10:22| Railroads - Topix.net
CSX Corp. expects lower profits in 2016 as weak demand for coal and crude oil persists and the strong U.S. dollar continues to limit exports. The railroad discussed its outlook for lower freight volume and a difficult year on Wednesday - one day after releasing its fourth-quarter results.
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Lululemon Lunges Ahead
2016-01-13 15:17:53| Footwear - Topix.net
When life hands you lemons, hope they're Lulu. The shares of Lululemon bounced up and down in 2015, but the retail company is entering 2016 very strong.
Lululemon Lunges Ahead
2016-01-13 14:41:22| Apparel - Topix.net
When life hands you lemons, hope they're Lulu. The shares of Lululemon bounced up and down in 2015, but the retail company is entering 2016 very strong.
A step ahead - there is nothing flat about Brown Thomas shoe sales
2016-01-13 05:59:54| Footwear - Topix.net
A virtual shoe tsunami is about to hit Brown Thomas in Grafton Street, Dublin, with a roll call of four designer shoe boutiques in the coming months There's nothing like designer heels and high-end flats to make a style statement: the recession is over and shoppers are back spending. Shopper demand for this season's key footwear styles of wedges, flats, espadrilles and loafers underlines consumer confidence and love of posh heels.
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