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Loews' Joe Rosenberg sees bottom in energy and other areas of value
2015-09-12 18:07:04| Energy - Topix.net
A self-proclaimed "kid in a candy store" in 2011, Lowes CIO Joe Rosenberg isn't as bullish now as he was then, but he remains a long-term bull and sees a few particular pockets of value. On oil, either OPEC and non-OPEC countries reach an agreement to cut production and the price spikes upward, or there isn't an agreement and the price collapses - wiping out a lot of production.
Waco sees another increase in sales tax rebate
2015-09-11 05:22:38| Furniture - Topix.net
Sizable sales tax rebates continue to arrive at Waco City Hall, with the check this week from the Texas Comptroller's Office totaling $2.82 million, which is 8.7 percent larger than the one received in September last year. Officials say that continued improvement in the employment rate is giving people more disposable income, and they are finding new places to spend it with the arrival since Jan. 1 of new retailers at Central Texas Marketplace such as Five Below, Haverty's, World Market, a Cavender's Boot City superstore, Designer Shoe Warehouse, Charming Charlie and La-Z-Boy Home Furnishings and Decor.
Gastar Exploration Sees Large Increase in Short Interest
2015-09-11 00:55:55| Logistics - Topix.net
Shares of Gastar Exploration were the target of a significant growth in short interest in August. As of August 31st, there was short interest totalling 7,205,574 shares, a growth of 5.8% from the August 14th total of 6,810,242 shares, MarketBeat reports.
Tags: large
short
interest
increase
Geely's Volvo sees new models taking edge off China slowdown
2015-09-10 07:29:26| Auto Dealers - Topix.net
Geely's Volvo Car Group expects the Chinese roll-out of its new XC90 and, next year, the S90, to drive sales through a slowdown in demand in the world's biggest auto market, its top executive said. Chief Executive Hakan Samuelsson said Volvo would not join in any price war to prop up volumes as the company tries to make inroads into a high-end car market dominated by German rivals, although some analysts said he may be tempted to cut prices.
Tags: china
taking
models
edge
Rolls-Royce sees fall in China sales
2015-09-08 19:25:16| BBC News | Business | UK Edition
Rolls-Royce has seen sales of its luxury cars hit by a fall in Chinese demand, but says it is not scared by the dent in business.
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