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US close: S&P 500 closes lower for second consecutive week

2015-09-28 03:16:37| Footwear - Topix.net

Early gains on Wall Street following a speech from Fed Chair Janet Yellen in the previous evening were snuffed out as biotechnology issues continued to reel, leaving the S&P 500 on track for its worst quarterly performance in four years. The NYSE Arca biotechnology index closed 4.71% lower, just under 21% off the record-high it touched in mid-July; investors continued to show caution after remarks from presidential hopeful Hillary Clinton on Monday, regarding possible price-gouging in the pharmaceuticals industry.

Tags: close week lower consecutive

 

Heavier carcass weights offsetting lower placements

2015-09-26 05:25:00| Beef

High-priced feedlot replacements and relatively cheap feed made feeding cattle for longer periods and to heavier weights a logical strategy. Now, analysts with the Livestock Marketing Information Center (LMIC) say that softer fed cattle prices and increasing packer leverage, as cattle marketing becomes less current, suggests the value of additional pounds and delayed marketing is no longer worth the cost. read more

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Mazda Leads Japan Carmakers Lower on VW Emissions Scandal

2015-09-24 10:38:56| Automakers - Topix.net

Volkswagen has tumbled 31 percent since admitting it used "defeat device" software to pass diesel emissions tests, leading declines on the 30-member Bloomberg World Auto Manufacturers Index. Japan resumed trading Thursday after a three-day break, with Mazda falling 6.8 percent, Honda Motor Co.

Tags: japan lower leads mazda

 

Japanese shares lower after holidays

2015-09-24 03:51:46| BBC News | Business | UK Edition

Japanese shares trade lower on Thursday after a three-day public holiday, taking the downbeat lead from Wall Street overnight.

Tags: lower japanese holidays shares

 

US stocks head lower on renewed concerns about global growth

2015-09-22 17:51:32| Food - Topix.net

This Jan. 4, 2010 file photo shows an entrance to a Wall Street subway station in New York. Another slide in Volkswagen's share price combined with renewed worries over China's economy to roil global markets Tuesday, Sept.

Tags: head global lower growth

 

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