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Moody's says Qantas credit rating can survive fuel price rise

2016-03-10 09:05:02| Airlines - Topix.net

Qantas Airways has a strong enough balance sheet to withstand a more than doubling in the price of jet fuel without losing its investment-grade credit rating , says Moody's. In addition to its hedged position this financial year, the airline has already hedged 77 per cent of its fuel requirement for the 2016-17 financial year.

Tags: price rating credit rise

 

Morrisons' profits hit by price wars

2016-03-10 08:46:36| BBC News | Business | UK Edition

Morrisons' annual profits see a further drop as the price war within the supermarket sector continues.

Tags: price hit wars profits

 
 

AK Steel Holding Co. (AKS) Given New $3.50 Price Target at Nomura

2016-03-10 06:28:54| Steel - Topix.net

The firm currently has a "neutral" rating on the stock. Nomura's target price would indicate a potential downside of 5.15% from the stock's previous close.

Tags: price target holding steel

 

'Expect slowdown' in house price growth

2016-03-10 01:07:43| BBC News | Business | UK Edition

The pace of house price rises will slow when tax changes "take the heat out" of interest from investors, surveyors suggest.

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Co-op Price Cuts Emphasise Difficulties in Red Meat Sector

2016-03-10 01:00:00| ThePigSite - Industry News

UK - The challenges facing the UK food retail sector are illustrated by the announcement that the Co-operative’s food division is to cut the cost of over 200 of its own-brand, British-sourced meat and poultry products, by an average of 10 per cent but up to 50 per cent in some cases.

Tags: price red sector difficulties

 

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