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As Oil Dips, Companies Borrow to Protect Dividend

2014-11-29 14:12:56| Oil & Gas - Topix.net

With oil company revenues set to drop on the back of a rout in prices, boards will have to cut investments and increase borrowing to maintain their cherished dividend payouts. OPEC's decision on Thursday not to cut production in order to prop up oil prices sent markets reeling.

Tags: companies oil protect dividend

 

Deere dips on shaky outlook for fiscal 2015

2014-11-26 14:20:35| Industrial Machines - Topix.net

By SADIE GURMAN Associated Press People protesting the Ferguson, Missouri, grand jury decision took to the streets in cities across the U.S. for a second day Tuesday, showing that the racially... By SADIE GURMAN Associated Press People protesting the Ferguson, Missouri, grand jury decision took to the streets in cities across the U.S. for a second day Tuesday, showing that the racially charged... A nor'easter packing rain and snow is posing special challenges along the crowded Washington-to-Boston corridor for travelers headed to their Thanksgiving celebrations.

Tags: fiscal outlook deere dips

 
 

Brent crude oil dips to $79.20 as traders' hopes of an output cut by OPEC wane

2014-11-25 01:00:00| Offshore Technology

The price of Brent crude oil dropped towards $79.20 a barrel today as traders' expectations of a major output reduction by OPEC dwindled.

Tags: cut oil output hopes

 

ASX dips into the red for the year

2014-11-20 09:50:10| Agriculture - Topix.net

The Australian sharemarket fell to a four week low and back into the red for the year as the large cap miners succumbed to iron ore weakness and the retail giants were also hammered. The S&P/ASX 200 index fell 52.6 points, or 0.98 per cent, to the day's low of 5316.2 on volume 12 per cent above average as BHP Billiton, Rio Tinto, Woolworths and Wesfarmers all lost around 2 per cent as tumbling iron ore prices signalled strengthening domestic global growth headwinds.

Tags: the year red dips

 

ASX dips into the red for the year

2014-11-20 09:48:35| Grocery - Topix.net

The Australian sharemarket fell to a four week low and back into the red for the year as the large cap miners succumbed to iron ore weakness and the retail giants were also hammered. The S&P/ASX 200 index fell 52.6 points, or 0.98 per cent, to the day's low of 5316.2 on volume 12 per cent above average as BHP Billiton, Rio Tinto, Woolworths and Wesfarmers all lost around 2 per cent as tumbling iron ore prices signalled strengthening domestic global growth headwinds.

Tags: the year red dips

 

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