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U.S. Steel reports $1.5 billion loss for 2015Announcement comes a few ...

2016-01-29 00:28:42| Steel - Topix.net

United States Steel Corp. reported a full-year 2015 net loss of $1.5 billion, according to results published by the company Jan. 26. The company also posted a fourth quarter 2015 net loss of $999 million, compared to fourth quarter 2014 net income of $275 million, and a third quarter 2015 net loss of $173 million. The results come just a few weeks after Lorain steelworkers learned U.S. Steel's Lorain Tubular Operations was cutting jobs and shutting down part of its facility.

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Mitsubishi Estate raises A 250 billion in biggest bond sale of year

2016-01-28 15:03:57| Grocery - Topix.net

Mitsubishi Estate Co. raised A 250 billion in the biggest Japanese corporate bond sale so far this year and the latest jumbo offer luring yield-hungry yen fixed-income investors with riskier notes.

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Uganda: Sugar Company to Set-Up Shs221 Billion Power Plant

2016-01-28 09:13:42| Sugar Industry News

Mayuge Mayuge Sugar Industries Limited will in three months start the construction of a $63.6 million (about Shs221b) sugarcane waste electricity generation plant.

Tags: company power plant setup

 

Nike's $50 Billion Challenge: Can They Just Do It?

2016-01-27 15:55:27| Footwear - Topix.net

I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. Nike extends the LeBron James relationship to a lifetime agreement - the first time it's commited to such a long-term partnership on paper.

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U.S. Oil Explorers Seen Reporting $14 Billion in 2015 Losses

2016-01-27 15:54:59| Energy - Topix.net

During the next eight days, independent U.S. oil explorers are expected to report 2015 losses totaling almost $14 billion, the result of the steepest price collapse in a generation. Hess Corp. kicks off earnings season for the companies on Wednesday with what analysts predict will be an annual loss of $1.6 billion, its worst performance in at least 28 years.

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