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Uni-Select's Q4 profit cut nearly in half to US$4.65M on economic, IT challenges

2013-03-01 00:38:54| Oil & Gas - Topix.net

Auto-parts company Uni-Select Inc. missed expectations after its fourth-quarter profit was cut nearly in half, impacted by a weak economy that saw more owners delaying their vehicle repairs, particularly in the northeastern U.S. and Eastern Canada.

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Abercrombie & Fitch Price Target Cut to $48.00

2013-02-27 13:39:26| Apparel - Topix.net

The firm currently has a "neutral" rating on the stock. Abercrombie & Fitch opened at 45.46 on Monday.

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U.S. manufacturers say carbon tax could cut factory output

2013-02-26 23:14:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The largest U.S. manufacturers' association on Tuesday warned that a potential tax on carbon emissions to fight global warming would cut factory output and could hurt the U.S. economy in other ways. The National Association of Manufacturers (NAM) released a report predicting such a tax would raise energy prices, squeeze households and harm U.S. competitiveness. The association called the report a preemptive strike against a recent proposal of a carbon tax from two U.S. Senators who have not yet...

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JP Morgan to cut up to 19,000 jobs

2013-02-26 17:20:54| BBC News | Business | UK Edition

US bank JP Morgan Chase increases its planned job cuts to 19,000 by the end of next year in its mortgage and community banking businesses.

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Australia: Thousands cut off as Australian rivers peak

2013-02-24 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Australian Broadcasting Corporation: Thousands of residents on the New South Wales north coast remain cut off by floodwaters, though the worst of the crisis appears to be over. Flood warnings are in place for 15 river systems from Sydney to the Queensland border. Two people are confirmed dead as a result of the flooding, caused by a slow-moving low pressure system that has made its way down the eastern coast over the past few days. In Kempsey floodwaters flowed over the levee protecting the town centre after the Macleay River...

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