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US Steel, Alliance Steel Drop, as UBS Picks Winners, Losers

2013-10-22 20:14:32| Steel - Topix.net

"Steel demand is heating up" in the US, says UBS analyst Matt Murphy . Some steel stocks, however, are ready to cool down, he says We anticipate strong steel demand growth in 2014, led by a pick-up in nonresidential construction as well as ongoing growth in automotive and manufacturing sectors.

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US energy-related emissions drop to 1994 levels

2013-10-22 12:08:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: US energy-related carbon emissions dropped 3.8 per cent in 2012 to 5.29 billion metric tons last year, reaching their lowest level since 1994. An Energy Information Administration (EIA) report published yesterday also confirms energy consumption fell by 2.4 per cent last year even as the US continued its economic recovery with GDP growing by 2.8 per cent. The improvement in energy efficiency meant that energy use per dollar of GDP, or energy intensity, fell 5.1 per cent. According to the new...

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US existing-home sales drop 1.9 pct. in September

2013-10-21 18:04:55| Real Estate - Topix.net

Americans bought fewer existing homes in September than the previous month, held back by higher mortgage rates and rising prices.

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LED Drop Light outperforms 100 W incandescent models.

2013-10-21 14:29:35| Industrial Newsroom - All News for Today

Equipped with 10 W LED bulb, Model EHL-LED-7W-100-1523 produces 1,050 lm of clean white light. Explosion proof unit, approved for Class 1 Division 1 and 2 locations, features aluminum and steel construction, molded rubber bumper guard, 100 ft of SOOW cord, and twist lock explosion proof plug. Integral aluminum hook enables hanging for hands-free use. After hours of operation, lamp remains only slightly warm, eliminating chance of accidental burns common with incandescent drop lights. This story is related to the following:Explosion Proof LED Lights | Hazardous Location Lights |

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Revenues drop 20% at Goldman Sachs

2013-10-17 17:20:55| BBC News | Business | UK Edition

Goldman Sachs reports a 20% drop in third quarter revenues, but protects profits by trimming employees' pay and benefits.

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