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Enbridge posts lower Q2 adjusted earnings; currency hedges cause $383 million loss
2015-05-06 15:19:30| Oil & Gas - Topix.net
Enbridge Inc. is reporting a $383 million net loss in the first quarter, mostly as a result of currency fluctations, and lower adjusted earnings that came in below analyst estimates. Analysts had estimated 58 cents per share of adjusted earnings, according to Thomson Reuters, down from $492 million or 60 cents per share in last year's first quarter.
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Lower one-offs boost Anheuser-Busch InBev bottom line in Q1
2015-05-06 09:05:22| Daily beverage news and comment - from just-drinks.com
Anheuser-Busch InBev has reported a strong rise in net profits for the first quarter, thanks in part to reduced one-off costs but also to " strong top-line growth".
U.S. stocks drift lower after 2-day run; oil jumps
2015-05-06 06:49:47| Oil & Gas - Topix.net
New York a The U.S. stock market sank Tuesday, taking a break after a two-day run. Chevron and other oil giants fared better than the rest of the market as crude oil climbed above $60 a barrel for the first time this year.
US indexes drift lower, ending a two-day advance; oil jumps
2015-05-06 00:47:05| Real Estate - Topix.net
Vornado Realty Trust slumped 4 percent Tuesday after reporting results that fell short of analysts' forecasts. Estee Lauder jumped 4 percent after its results beat estimates.
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OEMs shifting towards onboard chargers > 6 kW for EVs; lower output chargers to remain dominant through 2020
2015-05-05 19:55:36| Green Car Congress
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