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BNZ cuts forecast for Fonterra 2015/16 payout, citing weak international dairy prices

2015-11-13 05:36:55| Food - Topix.net

Bank of New Zealand cut its forecast for Fonterra Cooperative Group's payout to farmers this season amid continued weakness in international dairy prices. BNZ reduced its forecast for the 2015/16 season to $4.50 per kilogram of milk solids from a previous estimate of $5/kgMS, pushing it below Fonterra's current projection of $4.60/kgMS.

Tags: international prices weak cuts

 

K-State swine researchers say feeding amino acids cuts costs, benefits environment

2015-11-12 16:25:00| National Hog Farmer

Kansas State University researchers have been learning more about how adding amino acids to swine feed helps improve animal muscle safely while reducing producer's costs and a farm's environmental impact. read more

Tags: costs environment benefits researchers

 
 

REFILE-UPDATE 5-Macy's cuts full-year forecast, sends shivers through retail

2015-11-12 13:24:51| Jewelry - Topix.net

Warm weather, low spending by tourists and a pileup of unsold inventory prompted Macy's Inc to cut its full-year forecast on Wednesday, raising wide concerns about the retail sector's financial health. Macy's in a quarterly report also said it would not create a real estate investment trust for its stores, disappointing some investors and helping to push down shares 14 percent for the day.

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Iberia Capital Cuts Flotek Industries Price Target to $5.00

2015-11-11 17:32:19| Chemicals - Topix.net

Iberia Capital's price objective would suggest a potential downside of 44.69% from the stock's previous close. In other Flotek Industries news, VP Steven A. Reeves sold 41,934 shares of the firm's stock in a transaction on Monday, September 14th.

Tags: price capital target industries

 

Postpone tax credit cuts, MPs say

2015-11-11 05:30:19| BBC News | Business | UK Edition

George Osborne should postpone planned reforms to tax credits, says a group of MPs warning that there can be no "magic bullet" to protect low-paid workers.

Tags: credit tax cuts mps

 

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