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RPT-Oil bears closing of $600 mln triple-short fund bet seen adding to tumult
2016-02-04 18:06:15| IT Services - Topix.net
Feb 4 This week's roller-coaster ride in the global crude oil market was likely fueled in part by the sudden liquidation of a $600 million leveraged fund bet on falling prices, market sources said on Wednesday. Unknown investors in the VelocityShares 3x Inverse Crude Oil Exchange Traded Note - which offers the ability to make a bearish bet on prices magnified threefold, with gut-churning ups and downs - bailed out early this week after jumping into the fund in January, ETN data show.
The Forklevator; Still Your Best Bet in Forklift Maintenance in 2016
2016-01-27 11:31:07| Industrial Newsroom - All News for Today
The Forklevator four post forklift service lift allows preventive maintenance programs and service work to be completed with an unobstructed view of the undercarriage. This design revolutionized onsite forklift maintenance with some customers claiming time savings of up to 40% in contrast to using manual jacking...
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Why Exxon Mobil Is Still A Good Bet
2016-01-21 07:00:05| Oil & Gas - Topix.net
I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions.
Why Exxon Mobil Is Still A Good Bet
2016-01-21 02:55:00| Chemicals - Topix.net
I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions.
Illumina, partners make $100 million bet to detect cancer via blood test
2016-01-11 01:57:29| Biotech - Topix.net
Gene sequencing company Illumina Inc is going after the next big advance in cancer detection, working to develop a universal blood test to identify early-stage cancers in people with no symptoms of the disease. On Sunday, San Diego-based Illumina said it would form a new company, called Grail, with more than $100 million in Series A financing.
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