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Woolies plunge hurts market

2014-11-03 08:55:59| Grocery - Topix.net

Woolworths dropped 4.9 per cent to $34.24 after the retailer showed September quarter sales rose by just 3 per cent. Photo: Glenn Hunt Another record profit from Australia's second-largest bank and more monetary easing by the Bank of Japan were not enough to buoy the local sharemarket, as Woolworths disappointed investors with its worst quarterly sales update in more than four years.

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Studies Show Selecting Performance Traits Hurts Reproduction

2014-10-21 22:05:00| Beef

By Alan Newport for Beef Producer Studies on cows and bulls suggest traditional performance traits are antagonistic to reproductivity. read more

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UPDATE 2-Tighter subprime lending hurts used-car retailer CarMax

2014-09-23 20:41:30| Auto Dealers - Topix.net

CarMax Inc, the largest U.S. used-car retailer, reported a lower-than-expected quarterly profit as growth in comparable unit sales at its used-car lots slowed to a near halt, hurt by tighter lending norms that kept subprime customers at bay. Shares of the company, which also sells new cars, fell as much as 10 percent in early trading on Tuesday.

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Dicker: The Latest Round of Sanctions Hurts Putin and Exxon Mobil

2014-09-17 22:58:44| Oil & Gas - Topix.net

NEW YORK -- U.S. and EU sanctions have finally begun to bite very hard on Russia in the one place that matters most: energy. With the latest round of sanctions announced Friday, the Russians will now have to abandon the joint venture project they have inked with U.S. super-major Exxon Mobil Getting fossil fuels out of the ground is what energy companies do, but their stock price is reliant upon two related metrics -- how much it costs to get the oil out and also whether and how quickly they can increase the amount of oil and gas they produce.

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Dicker: The Latest Round of Sanctions Hurts Putin and Exxon Mobil

2014-09-17 22:01:14| Chemicals - Topix.net

NEW YORK -- U.S. and EU sanctions have finally begun to bite very hard on Russia in the one place that matters most: energy. With the latest round of sanctions announced Friday, the Russians will now have to abandon the joint venture project they have inked with U.S. super-major Exxon Mobil Getting fossil fuels out of the ground is what energy companies do, but their stock price is reliant upon two related metrics -- how much it costs to get the oil out and also whether and how quickly they can increase the amount of oil and gas they produce.

Tags: latest round mobil sanctions

 

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