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US stocks edge mostly lower, led by energy sector

2016-04-01 22:37:34| Energy - Topix.net

U.S. stocks are mostly lower in morning trading, led by energy companies as the price of oil drops. Hotel operators Starwood and Marriott are sliding after Anbang Insurance, the Chinese company that sought to buy Starwood, walked away from its offer.

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Will doubling Indias coal tax boost the clean energy sector?

2016-04-01 09:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: In the recently announced Union Budget speech, the Modi government doubled the carbon cess [tax] on coal, lignite and peat from US$ 2.96 per tonne to $5.94 per ton. This is the third time the cess is doubled since it was introduced. A move that began as a minor redistribution policy of taxing production of coal/lignite/peat (both domestic and imported), initially at $0.74 per tonne in 2010, aimed at redistributing revenue to fund clean energy projects in India. A pricing policy which started...

Tags: energy tax clean sector

 
 

Barclays digs into the retail sector

2016-03-31 23:56:06| Auto Parts - Topix.net

Barclays is extremely active in the retail sector today. Earlier the investment firm issued negative notes on Target and Willams-Sonoma which helped send both stocks lower, but the new round of ratings actions are mostly less bearish.

Tags: retail sector barclays digs

 

Thursday Sector Laggards: Precious Metals, Railroads

2016-03-31 23:43:53| Railroads - Topix.net

In trading on Thursday, precious metals shares were relative laggards, down on the day by about 1%. Helping drag down the group were shares of Caledonia Mining , down about 8.3% and shares of Comstock Mining off about 7.3% on the day.

Tags: thursday sector metals precious

 

Property Sector Stats Worth Noting in 2016

2016-03-30 16:45:00| National Real Estate Investor

How will various real estate sectors fare in the year ahead? Here are some answers. read more

Tags: property worth stats sector

 

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