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Monday Sector Laggards: Oil & Gas Exploration & Production, Shipping Stocks
2014-10-28 14:32:04| Oil & Gas - Topix.net
In trading on Monday, oil & gas exploration & production shares were relative laggards, down on the day by about 4.3%. Helping drag down the group were shares of Petroleo Brasileiro , off about 14.5% and shares of Synergy Resources Corporation off about 12.1% on the day.
Tags: shipping
production
monday
gas
Auto parts sector must invest to thrive: DesRosiers
2014-10-27 17:03:00| Canadian Plastics Headlines
There are good days ahead for Canadas automotive parts makers and toolmakers but only the companies that invest in manpower, technology, and research and development will reap the full benefits, according to Canadian...
Tags: auto
parts
sector
invest
China govt wants more private investment in telecoms sector
2014-10-25 00:26:00| Telecompaper Headlines
(Telecompaper) China wants to attract more private investment in key sectors including energy and telecoms through policy support and fairer investment environment, Xinhua news agency reports, citing the Chinese premier Li Keqiang. The statement was made at a State Council meeting. Lower thresholds and fewer monopolies will provide opportunities and profits for private investors, said Li. In the telecoms sector, the Chinese government will allow investment in construction and operation of broadband, space facilities for civil use such as GPS navigation and remote sensing satellites, Keqiang said. The State Council meeting outlined the cooperation between government and private investors through innovation in loans, credit guarantees and insurance for long-term, low-cost and stable capital support.
Tags: private
china
investment
sector
ADM expands into ingredient sector
2014-10-24 14:20:29| Agriculture - Topix.net
Archer Daniels Midland plans to buy Specialty Commodities Inc. for US$170 million in its second deal for a health-focused ingredient supplier in three months.a © Specialty Commodities of Fargo, North Dakota, which is majority owned by private equity firm Goldner Hawn Johnson & Morrison, buys natural and organic ingredients.a © It said the acquisitions would help reduce the volatility of its earnings, which have traditionally been linked to the booms and busts of crop production.a © ADM said it expected the Specialty Commodities deal, which is subject to regulatory approval, to close in the coming weeks. Futures data supplied by AgriCharts.
Tags: sector
adm
ingredient
expands
Nigeria: FG Puts Private Sector Investments in Sugar Industry at N500 Billion
2014-10-24 10:09:10| Sugar Industry News
NIGERIA has attracted and commenced the implementation of over N500bn private sector investments in the sugar sector under the Nigeria Sugar Master Plan.
Tags: private
industry
sector
billion
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