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Why is it hard to make 1% cuts?

2015-06-04 15:43:27| BBC News | Business | UK Edition

Why is it hard to make 1% cuts?

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OECD warns on Australia rate cuts

2015-06-04 07:31:14| BBC News | Business | UK Edition

Australia is cautioned by the OECD to keep further interest rate cuts "in reserve" and that the booming housing market is at risk of a "sharp correction".

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Barclays Cuts PPL Price Target to $36.00

2015-06-03 19:03:46| Energy - Topix.net

The firm currently has an "overweight" rating on the stock. Barclays' price objective indicates a potential upside of 13.17% from the stock's previous close.

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Equinix Slips: Citi Cuts to Hold; Valuation Too High Relative to Tower Cos.

2015-06-03 06:17:42| IT Services - Topix.net

Shares of data center hosting outfit Equinix are down $2.39, or 0.9%, at $267.76, after Citigroup 's Michael Rollins cut his rating on the shares to Neutral from Buy, while maintaining a $276 price target, arguing the valuation has gotten rich relative to competitors such as Digital Realty Trust and CoreSite . The shares are too rich relative to those two, but also relative to tower leasing companies such as American Tower : EQIX shares at 16x our AFFO est.

Tags: high hold relative tower

 

Californians conserved more water ahead of mandatory cuts

2015-06-03 04:14:09| Electronics - Topix.net

In this Monday, June 1, 2015 photo, workers with JW Landscape work on removing 300,000 square feet of turf at Suzuki headquarters in Brea, Calif. The grass will be replaced with drought-tolerant plants and is expected to save the company 700,000 gallons of water a month, said R.F. Taitano, administrative services manager.

Tags: water ahead cuts mandatory

 

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