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Scandal drives Volkswagen to a 25% US sales drop

2015-12-03 01:36:45| Auto Dealers - Topix.net

The drop comes after researchers found VW engineers gamed software to fool emissions tests - and meanwhile, US may see a record year for car sales. Volkswagen's emissions scandal has devastated US sales.

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Market Extra: Railroad stocks drop after companies give downbeat outlooks

2015-12-03 00:11:21| Railroads - Topix.net

Railroad stocks dropped sharply Wednesday, after both Kansas City Southern and CSX Corp. provided downbeat outlooks for the current quarter at an analyst conference. was the biggest loser in the group, tumbling 7.1% on volume that was more than double the full-day average, according to FactSet.

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need2know: ASX to drop on US rate bets

2015-12-02 22:29:33| Grocery - Topix.net

Credit Suisse says investors should look to Macquarie, Nine, AGL, Aristocrat, Lend Lease and carsales.com.au in the year ahead. Local shares are poised to open sharply lower, dragged down by weakness on Wall Street as the Fed moves closer to lifting US rates.

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Deere lays off 220 employees in the Quad Cities, citing sales drop

2015-11-30 22:05:11| Industrial Machines - Topix.net

Deere & Co. is laying off about 220 workers from its Seeding and Cylinder operation in its hometown as agricultural machinery sales slump.

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Farm income estimated to drop 38%

2015-11-30 15:12:00| National Hog Farmer

By P. Scott Shearer, Bockorny Group, Washington, D.C. The USDA is forecasting net farm income to fall to $55.9 billion this year compared to an estimated $90.4 billion in 2014. This 38% drop from 2014 is the largest single-year drop since the 1980s. read more

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