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Trucking Sector Sinks On Valuation, Growth Outlook

2014-10-30 18:18:16| Trucking - Topix.net

Sky-high stock prices in the trucking sector and prospects for slower 2015 growth sent the sector skidding lower Wednesday. With a cyclical demand uptick likely to diminish next year, along with growing price competition and increasingly difficult quarterly comparisons, Credit Suisse's Allison M. Landry downgraded C.H. Robinson Worldwide, Inc. Thursday to Underperform, from Neutral.

Tags: growth sector outlook valuation

 

Confidence High in UK Logistics Sector

2014-10-30 17:14:52| Logistics - Topix.net

The latest U.K. Logistics Confidence Index commissioned by Barclays and Moore Stephens reveals that confidence in the U.K. logistics sector remains high but more controlled over the past six months as familiar challenges persist. The index has risen by almost 36% since its lowest point in late 2012, despite a slight dip in confidence in the latest survey compared to 2013.

Tags: high sector confidence logistics

 
 

Tanzania garment sector seeks investment

2014-10-30 14:33:00| Daily apparel & textile news and comment - from just-style.com

The Tanzanian government has published a guide to its textile and garment sub-sector in an effort to attract increased international investment into the country.

Tags: investment sector seeks tanzania

 

Wednesday Sector Leaders: Oil & Gas Exploration & Production, Entertainment Stocks

2014-10-30 09:56:18| Oil & Gas - Topix.net

In trading on Wednesday, oil & gas exploration & production shares were relative leaders , up on the day by about 2.2%. Leading the group were shares of Newfield Exploration , up about 14.5% and shares of Energy XXI Bermuda up about 9.5% on the day.

Tags: entertainment production wednesday gas

 

ERF Wireless Expands Focus on Oil and Gas Sector Service Business by...

2014-10-28 16:49:26| Wireless - Topix.net

LEAGUE CITY, TX, United States, via ETELIGIS INC., 10/28/2014 - - ERF Wireless Inc. , a leading provider of enterprise-class wireless and broadband products and services, announced today that following its recent sale of the majority of its residential wireless business it is continuing to restructure its balance sheet and pay off certain debt as available resources dictate. In addition, ERF Wireless is expanding its geographical service areas as well as its product mix to continue to improve and grow its oil and gas sector service business throughout all of its service areas in Texas, New Mexico, Oklahoma, and Louisiana.

Tags: by service business focus

 

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