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Allan Gray wary of treadmill faced by smaller oil stocks

2015-07-10 10:48:53| Oil & Gas - Topix.net

Smaller oil and gas producers face an uphill task to deliver returns to shareholders amid battered commodity prices but buying opportunities are to be had among larger stocks that have fallen out of favour as investors flee the sector, according to contrarian investor Allan Gray. The fund manager's energy analyst, Suhas Nayak, said the shorter reserve life of the assets held by the smaller companies meant the "treadmill" of investment faced by all oil and gas companies to maintain and grow production and deliver returns "just has to run that much faster".

Tags: oil smaller gray stocks

 

Automakers wary as Google, Apple get into cars

2015-07-10 01:11:07| Automakers - Topix.net

In May, the 2015 Hyundai Sonata became the first model to make Android Auto available in the United States. General Motors will follow suit.

Tags: into google cars apple

 
 

Automakers wary of possible Greek exit from euro but see potential stability gain

2015-07-01 12:55:27| Auto Dealers - Topix.net

Germany's auto industry lobby group believes a Greek exit from the euro zone may be necessary despite the setback this may bring for Europe's fragile recovery in new-car sales. Automakers are monitoring the potential effects on capital markets and exchange rates if Greece leaves the European single currency dubbed Grexit.

Tags: see euro potential gain

 

As Cement Suppliers Consolidate, Regulators Remain Wary

2015-06-30 23:09:48| ENR.com: Headline News

A June settlement between the Federal Trade Commission and cement powerhouses Holcim and LaFarge included divestitures of North American assets.

Tags: remain suppliers cement consolidate

 

GOP Senators Wary of EPA Coal Ash Rule

2015-06-17 21:23:00| Waste Age

The Hill Republican senators on Wednesday aired concerns with the Environmental Protection Agencys (EPA) rule on coal ash disposal, saying they might try to revise it. read more

Tags: rule coal ash epa

 

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