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Metals and Mining Default Rate to Hit Double Digits in Months

2015-07-17 12:48:08| Industrial Machines - Topix.net

The metals and mining sector is facing a wave of bankruptcies, but they have yet to hit the overall default rate, which was just 5.1% for that sector as of the end of June. Patriot Coal filed for bankruptcy protection in May. Walter Energy announced it is filing for bankruptcy on July 15. Fitch Ratings reports that Walter's unsecured bonds are trading at or below $0.10, which means that poor recoveries in bankruptcy are expected.

Tags: rate months hit double

 

Ligand Pharmaceuticals' Shares Could Hit Triple Digits With Forward Guidance And 2015 Catalysts

2015-05-16 22:15:01| Biotech - Topix.net

Ligand Pharmaceuticals , a favorite drug/biotech company of mine, recently reported its first quarter earnings. The strong earnings were enough to send shares up as high as $88.35 on Monday.

Tags: hit forward shares guidance

 
 

NJ Transit chief: will try to hold hikes to single digits

2015-03-12 05:10:01| Railroads - Topix.net

The head of New Jersey Transit said Wednesday that a looming budget gap could force fare increases but that she will strive to make those less burdensome than the hikes instituted in 2010 that prompted heavy criticism from commuters. Executive director Ronnie Hakim told board members Wednesday that an $80 million budget gap is forcing her to look at all options, including fare increases.

Tags: single hold chief transit

 

RTP Testing Software generates in-band digits and tones.

2015-02-06 14:30:55| Industrial Newsroom - All News for Today

Designed to test, simulate, and monitor traffic carried by RTP and RTCP Packets, RTP ToolBox™ is suitable for developing features like Voice Activity Detection, echo cancellation, digit detection/generation, and Fax over IP. Software allows users to capture tones and digits in traffic, and also displays information about captured signal such as type of signal, timestamp, and accept/reject frequencies. Visual presentation of voice quality statistics simplifies debugging and analysis of VoIP calls.

Tags: software testing generates tones

 

PepsiCo's India revenue grows in double digits

2014-10-12 22:34:38| Beverages - Topix.net

PepsiCo India's revenue grew in double digits for nine months ended September 6, 2014 making the country amongst the fastest growing emerging markets for the global beverages and snack giant. "Our developing and emerging markets business has proven to be resilient with high single-digit organic revenue growth year-to-date, including double-digit growth in Egypt and India," PepsiCo Inc Chairman and CEO Indra Nooyi said in an earnings call.

Tags: double india revenue grows

 

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