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US stocks push higher despite big Amazon drop

2014-10-25 02:12:11| Food - Topix.net

US stocks Friday capped a strong week on a high note as good earnings from Microsoft and others overshadowed a poor report from Amazon. The broad-based S&P 500 advanced 13.76 to 1,964.58, while the tech-rich Nasdaq Composite Index rose 30.92 to 4,483.72.

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Third Quarter Prices Drop with Signs of Returning to More Normal Levels

2014-10-24 18:51:13| AutomotiveDigest.com - Automotive Industry News

Tom Webb Chief Economist Manheim Consulting Wholesale used vehicle prices dropped just over 2% in the third quarter. The market showed signs of returning to more normal levels after historically high prices earlier during 2014. The Manheim Used Vehicle Value Index ended the third quarter at 121.4, a decline of 1.1 percent compared to a […] The Article Third Quarter Prices Drop with Signs of Returning to More Normal Levels appeared first on Automotive Digest.

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Germany's BASF warns on profits and shares drop

2014-10-24 13:55:26| Chemicals - Topix.net

Chemical and oil company BASF is warning that its profits will come in below its previous forecast in the wake of slower global economic growth and industrial production. Shares in BASF SE dropped 2.4 percent to 69.34 euros in Frankfurt trading Friday after the company revised its forecast.

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Cenovus, Husky take oil price drop in stride, stress flexibility is key

2014-10-24 02:25:32| Energy - Topix.net

Executives with two big Canadian oil companies are taking recent oil price weakness in stride, signalling no immediate plans to throttle back spending, but ensuring they have the flexibility to do so if needed. Cenovus Energy Inc. and Husky Energy Inc. are both in the midst of finalizing their capital budgets in 2015, with details set to be unveiled in December.

Tags: price key oil drop

 

Cenovus, Husky take oil price drop in stride, stress flexibility is key

2014-10-24 00:00:57| Oil & Gas - Topix.net

Executives with two big Canadian oil companies are taking recent oil price weakness in stride, signalling no immediate plans to throttle back spending, but ensuring they have the flexibility to do so if needed. Cenovus Energy Inc. and Husky Energy Inc. are both in the midst of finalizing their capital budgets in 2015, with details set to be unveiled in December.

Tags: price key oil drop

 

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