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Icahn's American Railcar Joins Industry Slump on Oil Drop

2014-10-11 04:07:57| Railroads - Topix.net

American Railcar Industries Inc. , Carl Icahn 's rail-equipment maker, and its two main rivals are in the steepest slump in more than a year as falling oil-import prices stir concern that trains will move less U.S. crude. Since the end of September, American Railcar has fallen 17 percent, Greenbrier Cos.

Tags: american industry oil drop

 

Indiana utilities predict drop in heating bills

2014-10-08 15:50:25| Energy - Topix.net

Northern Indiana Public Service Co., Vectren and Citizens Energy Group all say that if winter temperatures are normal their customers could benefit from abundant natural gas supplies. The companies say that supply has kept gas prices down despite increase demand during last winter's often-brutally cold temperatures across the Midwest.

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Comcast to drop Detroit if FCC approves Time Warner merger

2014-10-07 08:33:00| Telecompaper Headlines

(Telecompaper) Comcast has revealed it will pull out of Detroit and other midwestern and southern US communities if the Federal Communications Commission (FCC) green lights its USD 45.2 billion acquisition of number two cable operator Time Warner Cable. In a reply to groups objecting to the proposed merger, Comcast said it would withdraw from some markets, to become what it described as "an urban clustered cable company", above all gaining New York and Los Angeles. In total, the transaction would expand Comcast's video customer base by 7 million. By giving up markets such as Detroit, Minneapolis-St. Paul or Cleveland, Comcast would keep its share below the limit of 30 percent of US pay-TV homes that the company has agreed to honour. If the proposed merger gains regulatory approval, cable subscribers formerly under the Comcast umbrella in cities such as Detroit, Minneapolis and elsewhere would be served by a new company, GreatLand Connections, a joint venture with Charter Communication. However, as Bloomberg points out, GreatLand would start with USD 7.8 billion in debt, equal to about five times its earnings before interest, taxes, depreciation and amortization (EBITDA). 

Tags: time drop detroit warner

 

UMTRI monthly report shows large drop in new-vehicle fuel economy in September

2014-10-03 19:30:42| Green Car Congress

Tags: report september large shows

 

The Most Important Drop of Water

2014-09-26 15:57:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: La Gota Más Importante (The Most Important Drop Of Water), a documentary part of the Action4Climate video competition, takes the complex subject of climate change and breaks it down in a way that even a child can understand it. Filmmakers Abdel Filós, Alberto Pascual, Guillermo Pérez, Raiza Segundo and Edgar Muoz blend common experiences of people living in Panama with the perspectives of experts who discuss issues including sea level rise, energy efficiency and the importance of voting. The film...

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