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Toronto stock market to head lower amid declining oil prices, earnings misses
2015-01-28 10:31:55| Biotech - Topix.net
The Toronto stock market headed for a negative open Tuesday amid lower commodity prices and a heavy slate of earnings reports. New York futures were well into the red as traders considered earnings disappointments from corporate heavyweights including Procter & Gamble, Caterpillar and Pfizer.
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What do lower oil prices mean for American Airlines? Try +$5 billion a year
2015-01-27 17:57:01| Airlines - Topix.net
American Airlines Group, what with American Airlines, US Airways and its regional airlines, burns a lot of fuel. It also doesn't hedge its fuel purchases, meaning that it will pocket all the savings of lower energy prices.
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Toronto stock market to head lower amid declining oil prices, earnings misses
2015-01-27 15:28:54| Energy - Topix.net
The Toronto stock market headed for a negative open Tuesday amid lower commodity prices and a heavy slate of earnings reports. New York futures were well into the red as traders considered earnings disappointments from corporate heavyweights including Procter & Gamble, Caterpillar and Pfizer.
Tags: market
stock
head
prices
a Plunging prices force oil majors to cut billions in spending
2015-01-26 15:38:08| Oil & Gas - Topix.net
The world's leading oil companies are reported to be planning a $28 billion cut in capital spending by 2017 to keep debt at a sustainable level at a time when oil prices continue to fall. Investment in exploration and development of oil and gas fields could drop by 20 percent by 2017 compared to last year, say analysts at Morgan Stanley as quoted by the FT .
Oil prices surge as news of Saudi kings death adds uncertainty
2015-01-23 01:00:00| Offshore Technology
Oil prices rose as news of the death of Saudi Arabia's King Abdullah bin Abdulaziz left uncertainty in the oil markets.
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