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Stocks mostly lower as oil sinks, Europe struggles

2014-10-27 20:48:14| Energy - Topix.net

Energy companies led U.S. stocks lower Monday as the price of oil languished around $80 a barrel and more disappointing economic news came out of Europe. Goldman Sachs lowered its outlook for crude prices and a report on business confidence in Germany, Europe's largest economy, showed a sixth straight month of declines.

Tags: lower europe oil stocks

 

Stocks mostly lower as oil sinks, Europe struggles

2014-10-27 19:04:35| Oil & Gas - Topix.net

Energy companies led U.S. stocks lower Monday as the price of oil languished around $80 a barrel and more disappointing economic news came out of Europe. Goldman Sachs lowered its outlook for crude prices and a report on business confidence in Germany, Europe's largest economy, showed a sixth straight month of declines.

Tags: lower europe oil stocks

 
 

Coke names new marketing chief amid struggles

2014-10-23 18:46:44| Beverages - Topix.net

Coca-Cola is replacing its chief marketing officer as the world's biggest beverage maker fights to boost flat soda sales. The change for the maker of Sprite, Powerade and Vitaminwater comes after the company this week reported a lower quarterly profit on disappointing sales.

Tags: marketing names chief amid

 

EU struggles agree 2030 climate targets for October summit

2014-10-12 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: European Union leaders face difficult negotiations to agree a package of climate change targets for 2030 at an end-of-October summit, with coal-reliant Poland leading objections, sources said Friday. Plans to cut greenhouse gases by 40 percent, make renewables account for 27 percent of energy use and set an energy savings target of 30 percent appear in draft guidelines for the summit conclusions, seen by AFP. The EU had wanted to have an agreement on the targets, among the world's toughest,...

Tags: october agree targets climate

 

SodaStream struggles to put fizz into sales figures

2014-10-09 01:34:49| Beverages - Topix.net

SodaStream says it is not winning over enough new customers in the US and reported preliminary sales that fell short of Wall St expectations. Chief executive Daniel Birnbaum said yesterday that the Israeli company's US business underperformed in the third quarter because of lower-than-expected demand for its soda makers and flavours.

Tags: put sales figures struggles

 

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