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Deeper Saudi Oil Cuts Seen After Biggest Drop Since '12: Energy
2014-09-18 03:55:34| Energy - Topix.net
Saudi Arabia will need to keep cutting oil output to sustain prices above $100 a barrel, even after the kingdom's largest reduction in two years, according to BNP Paribas SA and Societe Generale SA. The world's biggest crude exporter told OPEC last week it pumped 408,000 barrels a day less last month, about as much as Australia produces.
NADA Sees August Price Drop Coming from Market Correction and New Vehicle Sales Pressure
2014-09-17 22:13:41| AutomotiveDigest.com - Automotive Industry News
Jonathan Banks Executive Automotive Analyst NADA Used Car Guide NADA Used Car Guide sees price drops more in line with two factors market correction from inordinate run-up in spring prices combined with pressure from new vehicle market than do other analysts who see off-lease and off-rental volume being principal cause of downturn. For […] The Article NADA Sees August Price Drop Coming from Market Correction and New Vehicle Sales Pressure appeared first on Automotive Digest.
Tags: price
august
sales
market
Solid Retail Used Vehicle Demand Not Enough to Offset Price Drop
2014-09-17 00:41:34| AutomotiveDigest.com - Automotive Industry News
Tom Kontos Executive Vice President & Chief Economist ADESA Analytical Services Softening wholesale prices clearly continued into August as off-lease volume grows; prices were down for first since January on year-over-year basis. Retail used vehicle sales is making up for some of it with strong demand especially for certified pre-owned (CPO) units. There has been […] The Article Solid Retail Used Vehicle Demand Not Enough to Offset Price Drop appeared first on Automotive Digest.
California home sales drop as median price rises
2014-09-16 20:29:06| Real Estate - Topix.net
California home sales slipped in August after two months of increases as the median home price rose, the California Association of Realtors reported today. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 394,280 units in August, according to information collected by CAR.
Tags: home
price
sales
california
UK: Asos shares drop on profit forecast downgrade
2014-09-16 11:38:00| Daily apparel & textile news and comment - from just-style.com
Shares in Asos were down 14% in early trading after the online fashion retailer lowered its full-year profit forecast, revealing trading results that analysts described as "disappointing".
Tags: drop
profit
shares
forecast
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