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LG Electronics sees nearly 70% surge in profit in Q1
2016-04-11 11:04:09| Electronics - Topix.net
Tech giant LG Electronics' operating profit surged nearly 70 percent in the January-March period, according to its earnings guidance released Monday. The company said it posted 505 billion won in operating profit and 13. 4 trillion won in revenue, up 65.5 percent and down 4.5 percent, respectively, compared to the same period last year.
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electronics
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CarMax: BAML sees 56% upside
2016-04-10 18:56:04| Auto Dealers - Topix.net
"CarMax reported fiscal 4Q16 adjusted EPS from continuing operations of $0.74, above our estimate and consensus of $0.71. Total used vehicle revenue growth of +6.5% Y/Y, driven by positive same-store used unit sales growth, combined with better SG&A leverage drove the bottom-line beat.
Israel to cut carbon emissions, sees $8 billion economic boost
2016-04-10 15:21:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Israel's cabinet on Sunday unanimously approved a plan for reducing greenhouse gases and increasing energy efficiency to benefit the economy. Government officials expect the cumulative benefit to Israel's economy would reach more than 30 billion shekels ($8 billion), the finance, energy, environment and economy ministries said in a statement. "We intend to continue to invest in resources as needed to further reduce air pollution and greenhouse gas emissions," Finance Minister Moshe Kahlon said....
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economic
israel
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DNV GL sees 'new reality' for industry
2016-04-09 20:00:00| Oil IT Journal - www.oilit.com
Outlook for industry report and survey finds some positive notes in a generally gloomy picture.
Tags: industry
reality
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dnv
Oil and gas industry sees biggest-ever 2-year decline in spending
2016-04-07 19:46:56| Oil & Gas - Topix.net
Canada's oil and gas industry is on track to see its biggest two-year capital spending decline in its seven-decade history, according to the Canadian Association of Petroleum Producers. Companies are expected to invest $31 billion in 2016, a 62 per cent drop from the 2014 record of $81 billion.
Tags: industry
gas
oil
spending
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