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U.S. Stocks Edge Higher as Crude Rally Offsets Slump in Biotech
2016-04-09 02:49:56| Biotech - Topix.net
U.S. stocks edged higher, with the Standard & Poor's 500 Index trimming the worst weekly slide in two months, as a surge in crude that boosted energy shares offset a slump in biotechnology shares. The S&P 500 climbed 0.2 percent to 2,047.63 at 4 p.m. in New York, remaining in a range it's held since the Federal Reserve's last policy meeting on March 16. The index rose as much as 0.9 percent Friday, and closed down 1.2 percent in the week, the most since Feb. 5. Equities have swung between gains and losses in the five days as investors search for clues on the strength of the American economy ahead of what is forecast to be the worst earnings season since the financial crisis.
Tags: higher
edge
stocks
rally
Oil prices fall as global supply glut offsets strong demand
2016-03-10 01:00:00| Offshore Technology
Oil prices have dropped after US crude hit three-month highs, with analysts warning that such gains may not be sustainable as oversupply concerns continue to outweigh strong demand.
Tags: global
prices
fall
strong
In grasslands, longer spring growing season offsets higher summer temperatures
2016-03-01 03:02:00| Climate Ark Climate Change & Global Warming Newsfeed
ScienceDaily: Grasslands across North America will face higher summer temperatures and widespread drought by the end of the century, according to a new study. But those negative effects in vegetation growth will be largely offset, the research predicts, by an earlier start to the spring growing season and warmer winter temperatures. Led by ecologists Andrew Richardson and Koen Hufkens of Harvard University, a team of researchers developed a detailed model that enables predictions of how grasslands from Canada...
Tags: longer
higher
summer
growing
BMW boosts Q3 profit as Europe offsets slow China
2015-11-04 07:22:52| Auto Dealers - Topix.net
BMW posted a 4.3 percent increase in third-quarter profit as strong sales in higher-margin core European markets outweighed weak demand in China. Earnings before interest and taxes increased to 2.35 billion euros , the automaker said today in a statement .
Tags: china
europe
slow
profit
Volvo sales rise 2.4% as U.S. surge offsets China dip
2015-10-02 16:16:18| Auto Dealers - Topix.net
Volvo's new-car sales rose 2.4 percent in September as gains in the U.S. helped offset a fifth straight month of decline in China, the world's biggest auto market, the automaker said in a statement . Volvo, owned by China's Zhejiang Geely Holding Group, sold 45,539 cars in the month, underpinned by an 18 percent increase in the U.S. and a 15 percent rise in its Swedish home market.
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