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Airlines soar as oil prices plunge; but don't look for lower fares yet

2014-12-03 00:14:35| Airlines - Topix.net

Airline stocks are flying high, thanks to a steep drop in oil prices, but don't expect a sudden slashing of fares. Air Canada shares had their best close in six years, ending the day at $11.51, while WestJet Airlines hit an all-time high during intraday trading.

Tags: yet prices lower oil

 

What lower oil prices mean for Canadian rails

2014-12-02 18:55:30| Railroads - Topix.net

Black tank cars used to transport crude oil from North Dakota are parked among other rail traffic at a train yard in Tacoma, Wash. Declining oil prices will likely have a negative impact on Canadian railroads given their exposure to the energy sector, but the damage may not be as bad as some expect.

Tags: prices lower oil canadian

 
 

Small changes may help lower cost of energy bills

2014-12-02 18:47:36| Semiconductors - Topix.net

Winter starts officially on Dec. 21, but cold temperatures have already arrived and furnaces are working overtime to keep northern Nevada homes warm and comfortable. There are a few simple steps homeowners can take now to keep their heating bills under control this winter, according to Chad Piekarz, an energy efficiency expert with NV Energy.

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CSX Corp. (CSX) Stock Lower Today on Shale by Rail Risk

2014-12-02 07:26:39| Railroads - Topix.net

The rail-based transportation services company is part of the group affected by OPEC's announcement on November 27 that seems to have triggered a sell-off in Class I rail stocks on the following day, with the sector pulling back 5% on average, analysts said. "Crude by rail represents only about 3% of industry volumes.

Tags: today stock lower risk

 

Toronto market headed for lower open amid weak oil prices, overseas indexes

2014-12-01 15:13:39| Oil & Gas - Topix.net

The Toronto stock market appears headed for a soft opening with U.S. market futures, most overseas markets and oil prices moderately lower. The Canadian dollar is at 87.66 cents US, up about a quarter-cent from the Friday's close at 87.41 cents US.

Tags: open market prices lower

 

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