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Steel Dynamics Is a Smart Investment Despite End-Market Weakness

2015-05-01 12:16:12| Steel - Topix.net

Steel Dynamics ' revenue in the previous quarter rose 12% from a year ago period to $2.05 billion, while earnings adjusted for call premium charges and other finance expenses came at 17 cents a share. The revenue growth is encouraging, but the profits were affected by lower steel prices coupled with higher costs.

Tags: investment smart steel dynamics

 

Stornoway Announces Investment By Blackstone

2015-05-01 06:40:53| plantautomation News Articles

Stornoway Diamond Corporation announced recently that Blackstone Tactical Opportunities, an affiliate of Blackstone, has acquired a meaningful equity position in Stornoway and a minority ownership interest in the Renard diamond stream by way of a secondary market transaction with Orion Mine Finance (“Orion”)

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Gerdau: A Risky Investment in the Current Steel Market

2015-05-01 03:50:58| Steel - Topix.net

Gerdau has faced major challenges across the globe with overcapacity of approximately 690 million tonnes of steel and a dampening steel demand in the key markets such as Brazil and other major countries in Latin America. For Brazil, poor economic growth was witnessed in 2014, which has severely affected the key markets of the auto sector, manufacturing and civil construction.

Tags: current market investment steel

 

Church to cut fossil fuel investment

2015-05-01 02:34:17| BBC News | Business | UK Edition

The Church of England will sell investments worth 12m in companies where more than 10% of revenue comes from the "worst-polluting" of fossil fuels.

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Sourcing in Africa: Foreign investment flows in

2015-04-28 15:21:00| Daily apparel & textile news and comment - from just-style.com

With its cheaper labour and resources, East Africa has already attracted foreign investment, particularly from Asia - as well as business from major international fashion brands and retailers.

Tags: in foreign africa investment

 

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