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Gasoline Plunge Wiping Out Profits for Ethanol Producers: Energy

2015-02-25 17:18:51| Energy - Topix.net

Valero Energy Corp. and Green Plains Renewable Energy Inc., representing about 15 percent of U.S. capacity, have reduced operations as margins narrowed. At a typical mill in Illinois that makes ethanol from corn, profit margins have almost totally disappeared, compared with $1.33 a gallon a year ago, according to AgTrader Talk, a Clive, Iowa-based consulting company.

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Profits plunge at British Gas owner

2015-02-19 10:07:00| Oil & Gas - Topix.net

Profits at British Gas owner Centrica are down 35% to A 1.75 billion after what the company called a "very difficult year". Annual profits at British Gas owner Centrica have fallen 35% to A 1.75 billion in a "very difficult year" for the company, it said today.

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Tate shares plunge as ethanol, sugar force profits warning

2015-02-09 08:55:50| Sugar Industry News

Shares in Tate & Lyle plunged 15% after the corn processor, again, warned on profits, citing a "sharp deterioration" in ethanol margins and the weak European sugar market which has caught out some rivals too.

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Manchester United profits plunge 84%

2014-09-10 13:23:15| BBC News | Business | UK Edition

Manchester United has reported a sharp fall in annual profits despite record revenues for the year.

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Vatican bank sees profits plunge

2014-07-08 14:45:11| BBC News | Business | UK Edition

The Vatican bank has seen its 2013 profit almost wiped out largely due to a clean-up process which has seen it end relationships with 3,000 customers.

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