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Sumitomo's Loss Shows Shale Isn't Booming for Everybody
2014-10-20 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: Land in the Permian Basin, the busiest shale patch in the U.S. oil boom, is worth either $1,000 an acre or 50 times more, depending. On Sept. 29, Calgary-based driller Encana Corp. (ECA) announced plans to buy a company that owns a West Texas prospect for $7.1 billion, or about $50,000 an acre. One day later, Tokyo-based Sumitomo Corp. estimated its land in the same region was worth a fraction of that price when it took a $1.55 billion writedown on its investment. The disparity shows how fickle...
Tags: shows
loss
booming
shale
Jackson's airport raising fees, cutting budget to offset loss of Southwest revenue
2014-10-16 21:01:35| Airlines - Topix.net
Travelers and visitors must pay 50 cents a day more to park in all but the long-term lot.
Tags: loss
budget
fees
revenue
Skyline 1Q Net Loss Widens; Revenues Increase
2014-10-16 15:46:31| Mobile Homes - Topix.net
Elkhart, Ind.-based Skyline Corp. reported a wider net loss on improved sales for the RV and manufactured housing builder's fiscal 2015 first quarter. Revenue for the first quarter were $57.4 million as compared to $49 million in the first quarter of fiscal 2014.
Tags: net
increase
loss
revenues
Tropics to witness major fish loss by 2050: Study
2014-10-12 03:01:00| Climate Ark Climate Change & Global Warming Newsfeed
Indo-Asian News Service: Large numbers of fish will disappear from the tropics by 2050 as the earth and the oceans get warmer and fish shift their habitat in search of cooler waters, a research found. Changing temperatures will drive more fish into the Arctic and Antarctic waters, the findings showed. "The tropics will be the overall losers," said co-researcher William Cheung, associate professor at the University of British Columbia in Canada. "This area has a high dependence on fish for food, diet and nutrition....
MLGW seeks 2015 water rate hike to offset loss of Cargill
2014-10-10 04:17:29| Food - Topix.net
Memphis Light, Gas and Water will this November ask the City Council to raise water rates 2.3 percent beginning Jan. 1 to offset the loss of its largest customer. MLGW President and CEO Jerry Collins told me the municipal utility will lose $2.2 million in annual revenue when Cargill Inc. closes its corn mill later this year on Presidents Island, laying off 440 employees.
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