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South Africa's Illovo Sugar flags lower FY earnings

2015-04-16 08:29:16| Sugar Industry News

JOHANNESBURG (Reuters) - Illovo Sugar, Africa's biggest producer of the sweetener, said on Wednesday its full-year profits would fall due to depressed global prices and drought that has ravaged some of its crops in South Africa.

Tags: south lower sugar earnings

 

Delta's 1Q profit rises on more traffic, lower fuel prices

2015-04-15 15:56:43| Airlines - Topix.net

Delta Air Lines Inc. said Wednesday that first-quarter profit more than tripled as passengers flew more and jet fuel prices fell from a year ago. The results were slightly better than analysts expected, and the shares gained in trading before Wall Street's opening bell.

Tags: prices lower traffic profit

 
 

Reliance Steel & Aluminum (RS) Stock Lower Today After Ratings Downgrade

2015-04-14 21:19:01| Steel - Topix.net

The firm said it reduced its rating on the metal services center company as it believes Reliance Steel & Aluminum is leveraged to lower pricing forecasts. "We see 75% of RS's book of business under greater NT pricing pressure than we previously envisioned in our mid-1Q upgrade and our margin inflection more delayed, including weaker 2Q FIFO results," Keybanc said in an analyst note.

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Mining shares pull FTSE 100 lower

2015-04-13 10:27:48| BBC News | Business | UK Edition

The FTSE 100 opens lower, with mining shares among the biggest fallers in early trade following the release of weak trade figures from China.

Tags: lower shares pull mining

 

Shady Dealings: Lower East Side Synagogue's Possible Sale Sparks Scandal

2015-04-11 18:27:34| Real Estate - Topix.net

A "nasty intra-shul dispute" involving a "shadow board" of trustees, high-profile lawyers, a shady developer, and dubious financial motives is broiling on the Lower East Side. The Observer reports that a group of questionable figures may be colluding to arrange the sale of the neighborhood's beloved House of Sages synagogue and nursing home at 25 Bialystoker Place for a mere $13 million, with a plan to donate majority of that to an unsubstantiated synagogue in Israel.

Tags: side sale lower east

 

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