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Morgan Stanley Sees Positive Momentum In Steel Heading Into Q4; Negative On Coal Names
2016-01-23 09:46:52| Steel - Topix.net
Morgan Stanley's Evan L Kurt mentioned that positive steel market commentary could drive certain heavily shorted names; conversely negative coal commentary may limit upside to some stocks. The easing of imports and inventory headwinds combined with some mill outages have resulted in US steel prices rising from below $360/t to about $400/t in recent weeks.
Tags: positive
names
negative
steel
Sapa Sees Aluminum-Sales - Bump' in Race to Make Cars Lighter
2016-01-21 13:52:54| Appliances - Topix.net
Sapa AB, the Swedish maker of aluminum products, expects a "significant bump" in sales to automotive companies in North America as more of the metal is used in passenger cars and commercial vehicles. With all-aluminum-bodied products such as new electric car lines and increased adoption of aluminum by Ford Motor Co.
Toyota sees Thai auto sales falling 10% in 2016
2016-01-21 11:32:07| Auto Dealers - Topix.net
Toyota vehicles are shown at a car lot in this July file photo. The president of Toyota Motor Corp's Thai unit said he expects total domestic car sales to fall 10% in 2016.
Tags: auto
sales
toyota
falling
SABMiller sees half-year sales momentum continue into YTD
2016-01-21 11:25:00| Daily beverage news and comment - from just-drinks.com
SABMiller has seen its third quarter perform in line with the first half of its fiscal year, with nine-month sales coming in 5% up on the prior-year period.
Tags: sales
continue
sees
momentum
UAE's Enviromena sees sun shining for solar power in Mena region
2016-01-21 10:33:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Enviromena Power Systems, builder of solar power plants, sees contracts rising tenfold in 2016 as countries from Oman to Morocco push ahead with renewable energy projects, its chief executive said on Thursday. Abu Dhabi-based Enviromena, set up in 2007 with local and international investors including venture capital firms, has built around 50 percent of all solar photovoltaic plants in the Middle East North Africa (Mena) region. It has built 45 solar power plants with a total capacity of 70...
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