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Telstra can't offset mining, energy slump

2015-01-13 08:15:46| IT Services - Topix.net

Telecommunications was the best-performing sector, up 1.1 per cent, as Telstra Corporation lifted 1.2 per cent to a $6.11. Photo: Craig Sillitoe An acceleration in the slump in global oil markets dragged Australia's sharemarket down on Tuesday as investors switched to "risk-off" assets, pushing up the value of gold and government bonds.

Tags: energy offset mining slump

Changing Track: Can SNCF offset its dilemma at home by investing abroad?

2014-12-15 01:00:00| Railway Technology

Frances national railway company SNCF reported a 74% drop in net profit for the first half of 2014, which it attributes to a round of chaotic strikes in June. Ross Davies looks at whether the current political climate in France could force the compa

Tags: home track changing offset

Tembec says strong lumber prices helped offset soft pulp, flat paper earnings

2014-11-20 19:04:20| Agriculture - Topix.net

Tembec Inc. ended its 2014 financial year with a lower fourth-quarter net profit, but higher sales and adjusted earnings compared with the same time last year. The Quebec-based pulp, paper and lumber producer said Thursday it earned a net profit of $5 million or five cents per share in the quarter ended Sept.

Tags: paper prices strong soft