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Shares plunge on weak commodity prices

2015-03-30 09:48:54| Energy - Topix.net

The share market has tumbled more than one per cent as the energy sector bears the brunt of fresh falls in the oil price. Mining stocks also suffered as iron ore prices plunged four per cent to their lowest point in more than seven years on Friday.

Tags: prices shares weak commodity

 

Shares plunge on weak commodity prices

2015-03-30 09:09:10| Oil & Gas - Topix.net

The share market has tumbled more than one per cent as the energy sector bears the brunt of fresh falls in the oil price. Mining stocks also suffered as iron ore prices plunged four per cent to their lowest point in more than seven years on Friday.

Tags: prices shares weak commodity

 
 

AutoCanada shares plunge as Alberta slowdown hits car dealerships

2015-03-21 14:41:24| Auto Dealers - Topix.net

AutoCanada said its fourth-quarter revenue nearly doubled to $653.5 million from $319.7 million and its adjusted net earnings rose by 47.8% to $13.3 million, or 54 cents per share. Declining consumer confidence in the oil-dependent economy of Alberta dented sales at AutoCanada Inc.'s car dealerships in the first two months of the year, but the company isn't giving up on its aggressive acquisition strategy.

Tags: car hits shares alberta

 

Cairn Energy shares plunge on tax row

2015-03-11 15:33:48| Energy - Topix.net

Shares in Cairn Energy fell 18.3% on Wednesday following Tuesday's announcement that it must pay a $1.6bn fine for unpaid tax in India. It has has been trying to exit India's oil market, where it made a fortune for shareholders, for over a year.

Tags: energy tax shares row

 

Cairn Energy shares plunge on tax row

2015-03-11 12:51:35| Oil & Gas - Topix.net

Shares in Cairn Energy fell 18.3% on Wednesday following Tuesday's announcement that it must pay a $1.6bn fine for unpaid tax in India. It has has been trying to exit India's oil market, where it made a fortune for shareholders, for over a year.

Tags: energy tax shares row

 

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