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Worthington Industries warning of 'significantly' lower profit as steel prices plummet
2015-02-24 14:03:04| Industrial Machines - Topix.net
Big drops in steel prices and lower demand for oil and gas are leading Worthington Industries Inc. to warn of quarterly earnings "significantly below" last year's. The Columbus-based metal processor said steel prices have dropped more than $100 a ton since mid-December.
Tags: prices
lower
significantly
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PrairieSky posts Q4 net earnings of $50.7M; revenue slumps on lower oil price
2015-02-24 06:46:34| Oil & Gas - Topix.net
PrairieSky Royalty Ltd. has reported net earnings of $50.7 million or 38 cents per share in the final quarter of 2014. Revenue was $69.6 million in the three months ended Dec. 31. Production in the quarter averaged 17,280 barrels of oil equivalent per day, with an average realized price of $39.24 per barrel, versus $62.35 in the second quarter and $59.60 in the third.
US stocks edge lower, pulling Dow back from a record high
2015-02-24 06:41:46| Biotech - Topix.net
U.S. stocks edged lower in morning trading Monday as investors weighed the implications of a steep drop in U.S. home sales and the latest batch of corporate deal news. The market is coming off an all-time high reached last week.
US stocks edge lower, pulling Dow Jones industrials back from record; Energy shares sink
2015-02-23 21:27:32| Real Estate - Topix.net
Falling oil prices and disappointing U.S. home sales data nudged major indexes mostly lower in midday trading Monday. Energy stocks were among the biggest decliners.
Tags: back
record
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New Energy Pricing Structure is Bringing Benefits to the Lower Hudson Valley
2015-02-23 21:12:00| Transmission & Distribution World
A controversial, indeed much bashed, energy pricing mechanism for New York's Lower Hudson Valley is improving the region's electrical reliability and stimulating large-capital investments that will benefit the region for years to come. The Grid Optimization Blog read more
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structure
energy
benefits
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