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Moody's reviews debt ratings for some companies due to low oil and gas prices

2016-01-22 17:30:03| Oil & Gas - Topix.net

The debt ratings for more than a dozen Canadian companies have been placed under review and may be downgraded by Moody's Investor Services as a result of lower oil and gas prices. Among the biggest names on the list is Calgary-based Precision Drilling , which owns and operates fleets of rigs used by oil and gas companies in Canada, the United States and other countries.

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Deep Dive: 10 oil companies that will thrive as crude prices rebound

2016-01-22 15:45:46| Energy - Topix.net

Because it has low debt, National Oilwell Varco will reap the benefits of rising oil prices more than its competitors will. If you ignore the daily headlines about the beleaguered energy sector, invest in companies with low debt and wait for the inevitable rebound in oil prices, you could eventually make a lot of money.

Tags: prices companies deep oil

 
 

As steelmakers burn cash and idle mills, these names must to be on any list of distressed companies.

2016-01-22 04:56:48| Steel - Topix.net

U.S. steelmakers have been getting hammered lately, as many idle their mills to offset low prices -- blaming their dismal numbers on the flood of cheap imports and reduced demand from oil and gas customers. The first is Pittsburgh-based producer U.S. Steel .

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Stop Demonizing Fossil Fuel Companies, Warns Global Bank Chief

2016-01-21 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Huffington Post: Stuart Gulliver, the boss of global bank HBSC, has made an impassioned plea to activists to stop demonizing the fossil fuel companies. Speaking at the World Economic Forum in Davos on Wednesday, Gulliver said it was "dangerous' to think that society should abandon the oil, gas and coal industry. He warned of disastrous unintended consequences, in particular for developing countries, if the sector were ostracized, given that it is responsible for a huge numbers of jobs, money for pensions and...

Tags: global companies stop bank

 

Storopack Ranks Among top 100 Companies in Greater Cincinnati

2016-01-20 11:31:08| Industrial Newsroom - All News for Today

On November 15, 2015, Storopack, a manufacturer and marketer of protective packaging solutions, was honored as a member of the 2015 Deloitte Cincinnati USA 100 for the 20th time. The program, which was launched in 1983, is a ranking of 100 of the largest privately owned companies in the Cincinnati area. The...

Tags: top companies greater top 100

 

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