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UPDATE 1-BASF braces for lower operating profit on oil, China
2016-02-26 08:25:35| Chemicals - Topix.net
LUDWIGSHAFEN, Germany, Feb 26 BASF, the world's largest chemical company by sales, warned investors of a drop in operating income this year on weak chemical sales volumes in China and as the lower crude price weighs on its oil and gas division. Earnings before interest and tax , adjusted for one-off items, will decline slightly this year, BASF said on Friday.
Tags: china
lower
update
operating
Lower Canadian Dollar Cushions Blow of Lower World Hog Markets
2016-02-26 01:00:00| ThePigSite - Industry News
CANADA - Agriculture and Agri-Food Canada reports the lower Canadian dollar is helping cushion Canadian pork producers from reduced international pork prices resulting from higher supplies, writes Bruce Cochrane.
Tags: world
lower
markets
dollar
Oil and gas producer Apache sets lower 2016 capex; loss widens
2016-02-25 15:51:52| Oil & Gas - Topix.net
Feb 25 Apache Corp set a 2016 capital budget more than 60 percent lower than its 2015 expenditure and the oil and gas producer reported a bigger quarterly loss due to $5.9 billion in writedowns and impairment charges.
Stocks Open Lower as Oil Slides Again
2016-02-25 06:32:49| Oil & Gas - Topix.net
As of 9:32 a.m. ET, the Dow Jones Industrial Average was 170 points lower, or 1.02% to 16262. the S&P 500 fell by 21 points, or 1.08% to 1900, while the Nasdaq declined by 61 points, or 1.36% to 4442.
Stocks open lower as weak oil prices push energy sector down
2016-02-24 20:07:20| Oil & Gas - Topix.net
Rig operator Transocean sank 8 percent in the first few minutes of trading Wednesday. Miner Freeport-McMoran slumped 7 percent.
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