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Samsung, Hyundai's power grows stronger on corporate earnings

2015-04-19 09:06:06| Semiconductors - Topix.net

South Korea's two biggest conglomerates have expanded their presence, with their earnings accounting for over 80 percent of the profits of the top 30 business groups last year, data showed Sunday, in the latest sign of their concentration of wealth. Samsung Group and Hyundai Motor Group posted a combined net profit of 34 trillion won last year, down 4 trillion won from the 38 trillion won in 2010, and the earnings from the remaining 28 conglomerates dipped to 8 trillion won from 42 trillion won over the cited period, according to the data compiled by CEOScore, a research firm that tracks conglomerates.

Tags: power corporate samsung stronger

 

Samsung, Hyundai's power grows stronger on corporate earnings

2015-04-19 08:58:30| Chemicals - Topix.net

South Korea's two biggest conglomerates have expanded their presence, with their earnings accounting for over 80 percent of the profits of the top 30 business groups last year, data showed Sunday, in the latest sign of their concentration of wealth. Samsung Group and Hyundai Motor Group posted a combined net profit of 34 trillion won last year, down 4 trillion won from the 38 trillion won in 2010, and the earnings from the remaining 28 conglomerates dipped to 8 trillion won from 42 trillion won over the cited period, according to the data compiled by CEOScore, a research firm that tracks conglomerates.

Tags: power corporate samsung stronger

 
 

Solar Power Battle Puts Hawaii at Forefront of Worldwide Changes

2015-04-19 02:26:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: Allan Akamine has looked all around the winding, palm tree-lined cul-de-sacs of his suburban neighborhood in Mililani here on Oahu and, with an equal mix of frustration and bemusement, seen roof after roof bearing solar panels. Mr. Akamine, 61, a manager for a cable company, has wanted nothing more than to lower his $600 to $700 monthly electric bill with a solar system of his own. But for 18 months or so, the states biggest utility barred him and thousands of other customers from getting one,...

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Power Generation Market Throws Precision Castparts A Curveball

2015-04-18 16:30:03| Industrial Machines - Topix.net

Weakened power generation sales have slowed revenue expansion for Precision Castparts, but the firm's exceptionally strong aerospace segment should be able to offset dislocations in the energy market. We're big fans of the resiliency of the commercial aircraft making business.

Tags: power market generation precision

 

Dominion Virginia Power to close coal ash ponds in state

2015-04-18 00:12:51| Waste Management - Topix.net

Virginia's largest utility said Friday's announcement is in response to so-called coal combustion residuals rules established by the Environmental Protection Agency and the Virginia Department of Environmental Quality. The closures will occur at Bremo Power Station in Fluvanna County, Chesapeake Energy Center in Chesapeake, Chesterfield Power Station in Chesterfield County, and Possum Point Power Station in Prince William County.

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