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Oil Rout Ripples Through Latin America as Projects Seen Slowing

2014-11-29 04:34:16| Industrial Machines - Topix.net

From Venezuela to Argentina, oil's steepest plunge in three years is reverberating through a region that accounts for the largest crude reserves outside of the Middle East. Venezuelan oil bond yields jumped, American depositary receipts of Petroleo Brasileiro SA, YPF SA and Ecopetrol SA plunged and the Colombian peso fell the most in five years after the 12-nation OPEC opted against measures to prop up crude prices Nov. 27. Brent is down 13 percent this week.

Tags: america projects oil latin

Oil Rout Ripples Through Latin America as Projects Seen Slowing

2014-11-29 03:33:41| Jewelry - Topix.net

Tags: america projects oil latin

Stocks little changed as Wal-Mart, deals offset energy rout

2014-11-14 09:07:12| Toys - Topix.net

Stocks on Thursday were little changed from record highs, as better-than-estimated results from Wal-Mart Stores Inc. and corporate deals overshadowed losses in small caps and energy shares. Wal-Mart surged 4.7 percent to an all-time high after earnings topped forecasts.

Tags: energy changed deals offset

FTSE rise defies global share rout

2014-10-17 11:08:28| Footwear - Topix.net

The biggest loser was engineering firm Rolls-Royce , which fell 7.5% after warning of falling revenues as trade sanctions against Russia begin to bite. Building materials firm Travis Perkins also lost ground, shedding 1.5% after it revealed that its sales growth slowed in the third quarter.

Tags: share global rise ftse