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Obama warns 'cuts mean job losses'

2013-02-19 17:17:20| BBC News | Business | UK Edition

US President Barack Obama warns that deep, across-the-board spending cuts due to take effect next month would cause job losses and must be averted.

Tags: job losses cuts obama

 

Cattle Feeding Losses, Uncertainty Pound Cattle Prices

2013-02-16 14:56:00| Beef

“Extremely tight supplies of available feeder cattle could no longer hold the inflated market levels as feedlot managers struggle to sell fed cattle and packers struggle to sell the finished product despite a considerably reduced harvest schedule,” explained analysts with the Agricultural Marketing Service (AMS) Friday. “Even lightweight stocker cattle and calves that previously appeared resistant to bearish signals fell victim to the down market.” read more

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Outokumpu Starts New Cost Cuts As Losses Triple, CFO To Quit

2013-02-15 03:05:30| Steel - Topix.net

Finnish stainless steel maker Outokumpu Oyj said Thursday it will target fresh cost cuts of EUR150 million a year by the end of 2014 after its net loss almost tripled to EUR308 million in the fourth-quarter, adding that Chief Financial Officer Esa Lager will resign this year for personal reasons.

Tags: to cost starts losses

 

Stock futures signal early losses

2013-02-14 23:14:31| Semiconductors - Topix.net

Stock futures pointed to a lower open on Wall Street on Thursday, with futures for the S&P 500 down 0.36 percent, Dow Jones futures down 0.24 percent and Nasdaq 100 futures down 0.43 percent at 5:33 a.m. ET.

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Zain Q4 profit plunges 32% of forex losses

2013-02-14 01:00:00| Total Telecom industry news

Kuwait-based mobile operator says 2012 was a challenging year.

Tags: profit losses forex plunges

 

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