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U.S. Stocks Fluctuate as Retailer Rally Offsets Slump in Energy

2014-11-28 20:22:11| Air Courier - Topix.net

U.S. stocks fluctuated as retailers climbed with shoppers hunting for holiday deals, offsetting a slump in energy producers after OPEC's decision to keep its output target unchanged. Wal-Mart Stores Inc. and United Parcel Service Inc. jumped more than 3.2 percent as shoppers go to stores and online for the Black Friday weekend.

Tags: energy stocks rally retailer

 

Markets Live: Woolies offsets miner gains

2014-11-21 01:28:45| Agriculture - Topix.net

Shares are off to a disappointing start, falling despite Wall Street setting new records as gains in miners and energy stocks are offset by more falls in Woolworths and Wesfarmers. The market hates surprises, and Cardno's disclosure that December half earnings would fall year on year certainly isn't a surprise , given the pain the mine services end of the market has been going through for the past 18 months or so.

Tags: live markets gains miner

 
 

Markets Live: Woolies offsets miner gains

2014-11-21 01:28:44| Agriculture - Topix.net

Shares are off to a disappointing start, falling despite Wall Street setting new records as gains in miners and energy stocks are offset by more falls in Woolworths and Wesfarmers. Western Sydney Wanderers owner Paul Lederer and private equity firm Affinity have sold ham, bacon and smallgoods producer Primo Smallgoods to Brazilian food giant JBS for $1.45 billion.

Tags: live markets gains miner

 

N.A. offsets global slump to lift Toyota profit

2014-11-10 09:58:21| Automakers - Topix.net

In North America, Toyota unit sales rose 12 percent from the year-earlier quarter to 685,000 units, outpacing the U.S. industrywide light-vehicle gain of 8 percent. TOKYO -- Surging sales in North America and favorable exchange rates drove Toyota Motor Corp. to double-digit profit gains in the latest quarter, despite slumping volume in all other major markets.

Tags: global profit toyota lift

 

Exxon earnings up 6 per cent, easily beating expectations, as refining offsets low oil prices

2014-10-31 17:51:36| Oil & Gas - Topix.net

ExxonMobil Corp. profits rose 3 per cent in the third quarter as strong refining performance offset lower revenues from falling oil prices and production. The company said Friday it earned $8.07 billion on revenue of $107.49 billion in the third quarter.

Tags: low prices easily oil

 

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