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Energy on Track to Post Worst Fourth-Quarter EPS Declines in S&P 500

2015-02-11 02:22:20| IT Services - Topix.net

NEW YORK -- About half the energy companies in the S&P 500 have reported fourth-quarter 2014 results, and the battered sector is on track to post the worst earnings and revenue declines in the index by a wide margin, according to Thomson Reuters . Although 77% of the energy companies that have reported already have beat fourth-quarter earnings estimates, the sector has posted a 21% decline in blended earnings so far.

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Post loss widens on higher expenses

2015-02-06 06:31:24| Agriculture - Topix.net

Post Holdings Inc.'s loss widened sharply as the company logged higher expenses, largely related to acquisitions and a recent business reorganization. The St. Louis company, known for its Grape-Nuts and Fruity Pebbles brands, has been on a spending spree to diversify its business since its spinoff from Ralcorp Holdings Inc. in 2012.

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European airports post 5.4% increase in 2014 passenger traffic

2015-02-06 01:00:00| Airport Technology

Passenger traffic at European airports has increased by 5.4% during 2014, according to European airport trade body ACI Europe.

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Canaccord Genuity post Q3 loss of $21.5M; reverses year-earlier profit of $18.3M

2015-02-05 02:41:10| Chemicals - Topix.net

Canaccord Genuity Group Inc. has reported a significant loss in its fiscal 2015 third-quarter just days after announcing it was cutting jobs at its global capital markets business due to weak market conditions. The company, which offers brokerage, capital markets and wealth management services in Canada, the U.S., Europe and Asia, said Wednesday that its net loss for the three months ended Dec. 31 was $21.5 million or 27 cents per diluted share.

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Post oil: Why are we maintaining a vigil at TD Bank in Brattleboro/

2015-02-02 02:38:41| Oil & Gas - Topix.net

Since the middle of November, there has been a group of us from the Climate Change Cafe conducting a peaceful vigil in front of the Brattleboro branch of the TD Bank every Friday from noon to 1 p.m. Our purpose in doing so is to help inform our community of the significant investment that the TD Bank Group - a giant global network of financial institutions owned by the Toronto-Dominion Bank - has in the extraction and transportation of fossil fuels, and in particular, tar sands.

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