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Dow Drops 200 Points Because Price Weighting is Silly

2015-07-22 02:19:27| Industrial Machines - Topix.net

The market is getting wrecked today, as the Dow Jones Industrial Average has tumbled more than 180 points. Or maybe not.

Tags: price points silly drops

 

Chemical producer Cytec of Woodland Park drops after aerospace demand sags

2015-07-18 16:30:57| Chemicals - Topix.net

Cytec Industries Inc. of Woodland Park dropped the most in more than three years as the world's second-largest maker of carbon-fiber materials for airplanes was hit by lower demand and unfavorable exchange rates. The shares fell 5.4 percent to $57.15 at 11:46 a.m. in New York after earlier slumping 6.9 percent, the biggest intraday drop since May 17, 2012.

Tags: park demand chemical producer

 
 

At midday: TSX drops on profit-taking, lower oil prices

2015-07-18 05:16:45| Oil & Gas - Topix.net

A sign board displaying Toronto Stock Exchange stock information is seen in Toronto June 23, 2014. A sign board displaying Toronto Stock Exchange stock information is seen in Toronto June 23, 2014.

Tags: prices lower oil drops

 

TeliaSonera sees risks in Eurasia as profit drops

2015-07-17 11:05:08| Appliances - Topix.net

Sweden's main telecom operator TeliaSonera AB on Friday said it expects risks in Eurasia, one of its main growth regions, to increase this year and remain challenging but for the overall earnings trend to improve somewhat in the second half of the year. Net profit at the Stockholm-based firm fell 8.2% to 3.26 billion Swedish kronor from SEK3.55 billion in the same period a year ago, undershooting a median forecast for SEK3.66 billion according to analysts polled by FactSet.

Tags: profit risks sees drops

 

Start-up investment drops in Dallas and Texas

2015-07-17 08:11:59| IT Services - Topix.net

Venture capitalists invested less money in young companies in North Texas and statewide in the second quarter even as national funding reached a level not seen since the dot-com boom in 2000. Seven North Texas companies raised $37 million - the smallest quarterly amount in three years, according to the MoneyTree report by PricewaterhouseCoopers and the National Venture Capital Association, with data from Thomson Reuters.

Tags: texas investment dallas drops

 

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