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Majestic profits drop but Naked Wines deal provides hope
2015-06-15 10:28:47| Beverages - Topix.net
Annual profits at Majestic Wine dropped by nearly a quarter in the year to 31 March, though the retailer gave an optimistic outlook on the back of its recent acquisition of Naked Wines. The AIM group, which bought the customer-funded online wine business for A 70m in April, reported a pre-tax profit of A 18.4m, down 22.5% from A 23.8m the year before.
U.S. oil drillers pull 7 rigs, biggest drop since late May - Baker Hughes
2015-06-13 05:53:41| Oil & Gas - Topix.net
The market has been waiting for the slowdown in the rig count to stop as crude prices have rebounded over the past few months, but this week's slowdown showed oil drillers were not yet done cutting the number of rigs. Energy firms pulled another seven rigs from U.S. oil fields this week, the most since late May, oil services company Baker Hughes Inc said on Friday in its closely followed report.
Sharp Drop In Short Interest For SolarEdge, SunEdison
2015-06-12 05:09:15| Semiconductors - Topix.net
The surge in short interest among the leading U.S. solar-related stocks in early May became gave way to more mixed movement in the final two weeks of the month. Some of the wildest swings in the level of short interest between the May 15 and May 29 settlement dates happened to Advanced Energy Industries, Inc. , Solaredge Technologies Inc and Sunedison Inc .
Tags: short
interest
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sharp
Oil prices drop as IEA sees demand growth cooling
2015-06-12 01:46:40| Oil & Gas - Topix.net
Oil prices retreated on Thursday after two days of gains as the International Energy Agency predicted that a recent surge in world crude demand was set to end. NEW YORK: Oil prices retreated on Thursday after two days of gains as the International Energy Agency predicted that a recent surge in world crude demand was set to end.
Meat Market Update | Meat prices drastically drop of heels of falling rib & loin
2015-06-11 18:52:00| Beef
The big news this week was that prices drastically dropped on the heels of the falling rib and loin prices, but volume picked up as retailers prepare for Father's Day. Father's Day, which is the next major grilling holiday, should promote more volume and better prices. Out-front sales don't get delivered for at least 22 days and this week's out-front sales are aimed at Fourth of July, but were lower in prices. Ed Czerwien, USDA Market News Reporter read more
Tags: market
prices
update
drop
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