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TSX to open little changed amid resource sector deal making, U.K. nervousness

2014-09-09 15:05:57| Oil & Gas - Topix.net

The Toronto stock market looked set to open little changed Tuesday while investors considered a major deal in the energy sector. U.S. futures also indicated a soft start to the session with the Dow Jones industrial futures up six points to 17,106, the Nasdaq futures were 5.5 points higher to 4,098.5 and the S&P 500 futures added 0.9 of a point to 2,001.5. After the markets closed Monday, Encana Corp. announced that it is selling its remaining stake in PrairieSky Royalty Ltd. in a deal valued at about $2.6 billion.

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Potash miners face over-supply threat of their own making

2014-09-06 06:45:04| Chemicals - Topix.net

A pickup in fertilizer demand has brightened the outlook for North American potash companies who suffered through plunging prices and profits after a European trading consortium collapsed in 2013. A surplus of potash mining capacity is set to grow even larger in coming years, weighing down the global industry while favoring low-cost eastern European producers over North American miners, who are sticking to a marketing strategy that risks falling behind the times.

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CSX says it warned film crew members killed and injured making movie about musician Gregg Allman

2014-09-04 08:12:47| Railroads - Topix.net

Jacksonville-based CSX Transportation twice denied producers of a biographical movie about singer Gregg Allman permission to shoot on its railroad tracks before a freight train slammed into the film's crew in south Georgia, killing one worker and injuring six, the company said in court documents. Legal filings in Chatham County State Court mark the first time Florida-based railroad operator CSX has made any publicly available statement about the Feb. 20 crash involving one of its trains and the crew of the movie "Midnight Rider."

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Energy Companies Are Finally Making Money on Fracking

2014-09-01 15:01:32| Energy - Topix.net

Fracking is finally starting to pay off for America's top independent oil and gas companies .

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This $20 Device Is Making the Internet of Things Possible

2014-08-31 18:02:28| Electronics - Topix.net

Nearly every major tech company wants to make a splash in the Internet of Things -- the so-called technology trend where everything from coffee pots to wind turbines uses sensors to gather data and communicate with each other and us.

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