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Lower prices, cheap imports hit SAIL's July-Sept earnings

2015-11-06 21:36:15| Steel - Topix.net

Country's largest steel maker Steel Authority of India has reported a net loss of Rs 1,055.96 crore for the July-September quarter of the current financial year, hit by depressed steel prices and fall in sales in the aftermath of an onslaught of cheap imports from China, Japan and Korea. The steel maker had reported a net loss of Rs 321.64 crore in Q1.

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Prodded by Climate Campaigners and Aided by Cheap Oil, Obama Kills Keystone

2015-11-06 19:50:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: Congratulations are due to Bill McKibben, Jim Hansen and the tens of thousands of other climate campaigners who turned an obscure cross-border pipeline proposal into an effective national political campaign. After years of deliberations, President Obama today said the Keystone XL project was not in the national interest: In 2011, I split with McKibben and others as they were being arrested at the White House. I argued that the pipeline issue was a distraction from the core issues involving our...

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Exxon predicted today's cheap solar boom back in 1980s

2015-11-05 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: For more than a generation, solar power was a environmentalist fantasy, an expensive and impractical artifact from the Jimmy Carter era. That was true right up until the moment it wasn't. Solar silicon prices dropped 94 percent from early 2008 to the end of 2011. Crystalline silicon has since fallen an additional 47 percent, to $15.20 a kilogram. Many were caught off guard by the emergence of solar as a competitive power source. The scientist who led Exxon's research arm back in the 1980s wasn't...

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Sanderson Farms: Still Cheap Despite Decline In Chicken Prices

2015-10-28 16:59:52| Food - Topix.net

The decline in chicken prices have had an adverse effect on the company's performance. Despite this, higher volumes and lower costs have helped cushion the drop.

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3 Beaten-Down Biotech Stocks to Buy on the Cheap

2015-10-28 13:51:31| Biotech - Topix.net

What goes up must come down, and when it comes to stocks, a big rise in a relatively short period of time often presages a nasty fall. Consider the meteoric rise in biotechnology stocks.

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