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Shiloh Industries - Chastised During Earnings Call, Buying Opportunity Created After Shares Plummet
2015-09-17 11:37:47| Steel - Topix.net
Shiloh is unhedged against steel price fluctuations. The company isn't seeing the benefits of low steel on the purchasing side but it's negatively impacting their scrap sales.
Tags: call
created
opportunity
buying
Tembec in financial a crunch timea as bonds plummet, may rely on bailout from Fairfax [Bloomberg]
2015-09-16 02:01:24| Agriculture - Topix.net
Soon after Prem Watsa - the investor known as Canada's Warren Buffett - became the largest shareholder of Tembec Inc., the bond market started betting creditors may be taking over instead. The forestry firms' bonds plummeted to about 68 cents on the dollar after the Montreal-based company warned that if its earnings continue to fall it could breach the terms of a bank loan.
Analysts remain optimistic despite Greenbrier's stock plummet
2015-08-21 00:54:10| Railroads - Topix.net
Stock in Greenbrier Companies, a Lake Oswego-based maker of railcars, continued an extended slide Thursday as shares fell nearly 8 percent. While the day saw market-wide declines amid what the Wall Street Journal called " continued concerns over lackluster global growth ," Greenbrier's rough day punctuated a slide that began last September following a peak price of $75.93.
Tags: stock
remain
analysts
optimistic
Diesel car sales plummet to 5 year low this fiscal
2015-06-22 10:11:08| Auto Dealers - Topix.net
With disparity in prices of petrol and diesel reducing, customer preference has been witnessing a slow but steady shift in trend in favor of petrol cars. Sales of diesel cars in India have hit a five year low this fiscal with only 33% of cars sold in the domestic market are powered by the cheaper fuel.
Auto sales plummet in Brazil; Tens of thousands of workers fired or on mandatory leave
2015-06-15 18:47:12| Auto Dealers - Topix.net
Plummeting auto sales in Brazil amid the nation's worst economic crisis in a decade have battered the industry that makes up one-fourth of the country's industrial gross domestic product and has led to widespread layoffs and mandatory leaves. At least 6,000 workers in auto factories have been laid off since January, officials say, and another 20,000 put on furlough.
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