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Stressed oil firms turn to junk bonds, bankruptcy

2015-03-22 02:02:19| Oil & Gas - Topix.net

The oil price crash is taking a growing financial toll on companies throughout the industry, forcing some into bankruptcy and others to issue expensive junk bonds to stay afloat. On Tuesday, shale producer Quicksilver Resources filed for bankruptcy protection for its US operations after missing a bond payment.

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Firms urged to tackle water-related supply chain risk

2015-03-20 15:58:00| Daily apparel & textile news and comment - from just-style.com

Clothing companies who use cotton in their products are being urged to do more to understand and tackle water-related supply chain risk - and to look for new collaborative ways to manage and share water.

Tags: supply risk chain firms

 
 

Greenpeace ranks fashion firms on detox efforts

2015-03-19 13:51:00| Daily apparel & textile news and comment - from just-style.com

Greenpeace has launched its second "Detox Catwalk" - an online platform designed to assess fashion brands' records on removing toxic chemicals from the supply chain.

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Big Japan firms plan bigger pay hikes but smaller firms expected to lag

2015-03-18 08:28:56| Automakers - Topix.net

Japanese blue-chip firms announced wage hikes on Wednesday that topped increases last year, but overall pay raises across corporate Japan are not expected to offset higher costs of living for workers or be enough to drive a sustainable economic recovery. Major exporters like Toyota Motor Corp were responding for a second year to public calls from Prime Minister Shinzo Abe's government for help in generating a virtuous cycle of higher profits, wages and prices to decisively end two decades of deflation and stop-start growth.

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Oilpatch firms selling stock to shore up finances, but who's buying?

2015-03-17 21:07:17| Oil & Gas - Topix.net

Energy firms have been looking to raise billions in financing by selling big chunks of their own stock - betting that investors smell a buying opportunity. There's been a flurry of equity offerings in recent weeks as the oilpatch looks for ways to cope with low oil prices.

Tags: stock selling buying firms

 

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