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TSX registers small advance after heavy losses; oil prices move higher

2015-01-07 23:08:02| Apparel - Topix.net

The Toronto stock market closed modestly higher Wednesday as investors tried to mount a relief rally after two days of punishing losses sparked by a collapse in oil prices to below US$50 a barrel and worries about the effects of such a decline. But the rally largely fizzled as the S&P/TSX composite index came down from a 180-point run-up early in the morning to close up 38.23 points at 14,285, regaining little of the more than 500-point plunge over the previous two sessions.

Tags: small prices move higher

 

City Link announces 2,356 job losses

2014-12-31 18:38:33| BBC News | Business | UK Edition

The administrators of collapsed delivery firm City Link announce 2,356 job losses after a bid to buy the company fails.

Tags: link city job losses

 
 

Cablevision: Customer Losses, AT&T's Threat And Lower Margin Businesses Will Result In Downside

2014-12-28 16:11:35| Telecom - Topix.net

Cablevision's focus on lower speed tiers and investments to build the Wi-Fi network will keep its bottom line under pressure. The 13 biggest pay-TV providers in the U.S. saw a decline of 150,000 subscribers in the third quarter this year, six times of what they lost in the year-ago period.

Tags: result customer lower businesses

 

Egypt Air: LE10.11 billion in losses over the past three years

2014-12-28 11:31:58| Airlines - Topix.net

EgyptAir , the country's state-owned airline company, accumulated LE10.11 billion in losses over the past three years, the company's chairman Sameh El-Hefny said on Thursday. The national airlines company announced last week that it had hired Texas-based airline advisory firm, Sabre Airline Solutions, to prepare a restructuring plan.

Tags: years three past air

 

Airport board might try to recoup asbestos losses

2014-12-19 01:52:12| Airlines - Topix.net

United Airlines and JetBlue Airways are the first airlines to move from the old ticket counters, built in the 1980s, to the new ticket counters as part of the airport's makeover.

Tags: board airport losses asbestos

 

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