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With sub-$60 oil, fracking and tar sands losses threaten financial system

2014-12-17 10:56:00| Climate Ark Climate Change & Global Warming Newsfeed

Ecologist: A new financial crisis is threatening to dwarf the 'subprime' mortgage debacle, writes Paul Mobbs. Cheap money from central banks has fuelled some $1.3 trillion of risky investments in high-cost 'unconventional' oil and gas. Now, with oil sinking below $60, all that paper is turning to junk - and that's putting the entire economic system at risk. Throwing free money after bad, the US fracking industry mopped up a large wad of QE cash, and shortly after the number of drilling rigs in the US took...

Tags: system financial oil losses

 

Trench PT/FS IGBT Platform reduces conduction, switching losses.

2014-12-11 14:30:49| Industrial Newsroom - All News for Today

Supplied as bare die, Trench IGBT platform includes Punch Through (PT) and Field Stop (FS) technologies and increases efficiency in motor drives, UPSs, solar inverters, and welding machine inverters. Collector-to-emitter voltages, as well as fast and soft turn-on and turn-off, allow low conduction and switching losses while providing breakdown voltages to 650 V for increased reliability. Collector current ratings range from 30–240 A, and available breakdown voltages are 600 and 650 V.

Tags: platform losses reduces switching

 
 

Wet Seal Q3 losses continue to grow

2014-12-11 14:17:00| Daily apparel & textile news and comment - from just-style.com

Fashion retailer The Wet Seal recorded a wider third-quarter net loss as sales continued to decline across the business.

Tags: continue grow wet seal

 

Merck committed to Cubist after patent losses

2014-12-09 19:25:55| Biotech - Topix.net

Merck remains committed to its $8.4 billion acquisition of Cubist Pharmaceuticals even though a federal court invalidated most of the patents protecting the company's top-selling antibiotic just hours after that deal was announced Monday. Shares of both companies tumbled Tuesday morning in the first day of trading after Cubist said a federal court invalidated four patents protecting Cubicin.

Tags: committed patent losses merck

 

Hudson's Bay narrows Q3 losses

2014-12-09 17:18:00| Daily apparel & textile news and comment - from just-style.com

Canadian department store operator Hudson's Bay Company has narrowed its net loss in the third quarter and reaffirmed its guidance for the full year.

Tags: bay losses narrows hudsons

 

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