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‘Usual Suspects’ Play Role in Fall Hog Prices

2014-10-21 02:00:00| ThePigSite - Industry News

US - To see Lean Hogs futures prices fall in October is not an unusual occurrence. To see them fall $5.75 in two days without any real critical market development is another thing entirely, writes Steve Meyer For the National Hog Farmer.

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CME: Another Fall in Hog Prices

2014-10-21 02:00:00| ThePigSite - Industry News

US - Hog prices were one to four per cent lower, pressured by a six per cent decline in the pork cutout value, write Steve Meyer and Len Steiner.

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Usual Suspects Play Role in Fall Hog Prices

2014-10-20 22:21:00| National Hog Farmer

To see Lean Hogs futures prices fall in October is not an unusual occurrence. To see them fall $5.75 in two days without any real critical market development is another thing entirely. Im not real sure exactly what happened but there are a few usual suspects that likely played a role. read more

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Dow futures fall sharply after IBM profit miss

2014-10-20 18:49:01| Toys - Topix.net

As of 10:14 a.m. ET the Dow Jones industrial average is off 0.5%, a loss of 81 points, after dropping about 100 points just after the 9:30 a.m. opening bell. Dow struggling after IBM's big miss As of 10:14 a.m. ET the Dow Jones industrial average is off 0.5%, a loss of 81 points, after dropping about 100 points just after the 9:30 a.m. opening bell.

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China Mobile 9-mth revenues up, profits fall

2014-10-20 14:30:00| Telecompaper Headlines

(Telecompaper) China Mobile reported operating revenue of CNY 481.2 billion for the first nine months of 2014, up by 3.9 percent over the same period of last year. EBITDA was down 5.0 percent in the same period to CNY 176.3 billion, and net profit fell 9.7 percent year-on-year to CNY 82.6 billion. The operator said revenues were under pressure from the slowdown in voice and SMS traffic, which fell 0.3 percent and 20.2 percent respectively compared to a year ago. This was offset somewhat by the expansion of its 4G services and growing adoption of mobile internet. Data traffic for the nine months rose by 98.6 percent year-on-year. Of the 799 million mobile customers at the end of September, 40.95 million used 4G and 244.46 million were on the 3G network. Revenues were also impacted by the imposition of VAT on the sector, which the operator absorbed in retail prices, and changes to network settlement charges. ARPU totaled CNY 63, a decrease compared to the same period of last year. China Mobile blamed the drop in profit on rising costs for 4G network construction and business development, retention of existing customers, and mobile internet development. This was offset in part by refocusing marketing expenses and reducing non-operating costs. 

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