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Chesapeake Ruling Shocks With $117 Million Loss: Credit Markets

2013-05-13 19:01:51| Oil & Gas - Topix.net

Last week's court ruling against a group of Chesapeake Energy Corp. bondholders exposes another risk for investors seeking gains in a market where securities valuations are already at record highs.

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Climate Change Will Cause Widespread Global-Scale Loss of Common Plants and Animals, Researchers Predict

2013-05-12 21:36:00| Climate Ark Climate Change & Global Warming Newsfeed

ScienceDaily: More than half of common plants and one third of the animals could see a dramatic decline this century due to climate change, according to research from the University of East Anglia. This means that geographic ranges of common plants and animals will shrink globally and biodiversity will decline almost everywhere. Plants, reptiles and particularly amphibians are expected to be at highest risk. Sub-Saharan Africa, Central America, Amazonia and Australia would lose the most species of plants...

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British Airways Owner IAG Posts Wider Loss on Weaker Pound

2013-05-11 07:12:50| Airlines - Topix.net

British Airways parent IAG SA posted a wider first-quarter loss as the pound weakened against the dollar and euro and workers at Spanish unit Iberia staged 10 days of strikes over 3,000 job cuts.

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Play$tation 4: Sony announces the PS4 wont be sold at loss

2013-05-10 17:00:43| Extremetech

Sony has gone on record as claiming that the PS4 won't run a major loss at launch. Details on the profit level (or size of the loss) are still unknown, but this is a major shift from the PS3's debut.

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US: Bebe Stores posts wider Q3 loss

2013-05-10 13:40:00| Daily apparel & textile news and comment - from just-style.com

US women's wear retailer Bebe Stores has seen its third-quarter losses widen due to a one-off cost, restructuring expenses, and lower sales.

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