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Oil price tumble factor in Actuant Corp.'s quarter...

2015-03-18 20:07:49| Industrial Machines - Topix.net

The Actuant Corporation of Menomonee Falls reported a loss of almost $65 million in its fiscal second quarter, or $1.05 per share. Included in that figure was an $85 million pre-tax charge for Actuant's oil and gas business -- namely a weakening of its Viking and Cortland branches, which make cables and rent equipment used for offshore oil drilling.

Tags: price factor oil quarter

CAGE 2015: Oil price drop heaps pressure on Nigeria - Heineken CEO

2015-03-18 11:53:00| Daily beverage news and comment - from just-drinks.com

Heineken's CEO has warned that falling energy prices pose a danger to beer consumption in Nigeria, the Dutch brewer's second-biggest market by profit contribution.

Tags: price pressure oil drop

Oil Price Declines: Lessons Learned Should Be Bigger Than Texas

2015-03-04 15:56:00| National Real Estate Investor

Recent volatility in oil prices is an abrupt reminder to real estate investors of how quickly markets outside of commercial real estate can change. It is clear there are risks to being complacent, even in an asset class with longer-term return characteristics, when conditions can change quickly. read more

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Plunge in oil price seen as opportunity for Alberta biotech sector

2015-02-26 06:38:22| Biotech - Topix.net

Alberta's biotechnology sector could benefit from plunging oil prices and the flow of investment away from the energy industry. The province has long courted companies involved in high-tech health and drug development, only to see them leave for the U.S. or other provinces.

Tags: price opportunity oil sector