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Big Rail's little cousins find boon in U.S. oil-by-rail bust
2015-09-01 08:08:59| Railroads - Topix.net
Amid the rolling mountains surrounding this quiet town in southwest New York state, tucked away on miles-long stretches of underused rail tracks, hundreds of idle oil tank cars attest to the extent of fallout from oil's rout. The oil tank cars - a year ago sought-after to haul crude from North Dakota to New Jersey - now stand idle as a result of two converging trends: the reversal in U.S. shale oil production and the completion of new pipelines.
Big Rail's little cousins find boon in U.S. oil-by-rail bust
2015-09-01 08:08:58| Railroads - Topix.net
Unused oil tank cars are pictured on Western New York & Pennsylvania Railroad tracks outside Hinsdale, New York August 24, 2015. Amid the rolling mountains surrounding this quiet town in southwest New York state, tucked away on miles-long stretches of underused rail tracks, hundreds of idle oil tank cars attest to the extent of fallout from oil's rout.
Chevron and Medicines are big market movers
2015-09-01 00:55:07| Oil & Gas - Topix.net
Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market: Oil stocks tracked the price of crude, which shook off early losses and rallied on a report of a June drop in U.S. production. The coal mining company is extending its private debt exchange offer, which had been set to expire Friday, to September 23. The direct-to-consumer products and marketing company is being sold to asset manager The Carlyle Group for $98 million.
Tags: big
market
medicines
movers
Chevron and Medicines are big market movers
2015-09-01 00:46:46| Energy - Topix.net
Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market: Oil stocks tracked the price of crude, which shook off early losses and rallied on a report of a June drop in U.S. production. The coal mining company is extending its private debt exchange offer, which had been set to expire Friday, to September 23. The direct-to-consumer products and marketing company is being sold to asset manager The Carlyle Group for $98 million.
Tags: big
market
medicines
movers
SK Telecom, Vendors Big Up Millimeter Wave for 5G
2015-09-01 00:34:32| Telecom - Topix.net
SK Telecom and Samsung Corp. have set up a millimeter wave system at the operator's new "5G Test Bed" in its Bundang research and development building in South Korea. WhowiredKorea reports that this is the first ever millimeter wave system to be deployed at an operator's own facilities.
Tags: big
wave
telecom
vendors
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