The sharemarket closed down more than 1 per cent after better-than-expected jobs data lowered the chance of another interest rate cut. At the close today, the benchmark S&P/ASX200 index was down 60.2 points, or 1.18 per cent, at 5032.2 ...
Tags: sharemarket, Stocks, benchmark
Nucor Corporation reported Thursday its guidance for Q1 2013 (ended March 30, 2013). Nucor anticipates earnings to be in the range of $0.20 to $0.25 per diluted share, a substantial drop from Q1 2012 earnings of $0.46 per diluted share and ...
Tags: flat steel market, flat steel, steel market
In the fourth quarter of 2012, the Canadian manufacturing sector operated at 80.2 percent of its capacity, 2.1 percentage points lower than in the previous quarter and down 1.1 percentage points compared to the same period of the previous ...
Tags: basic metal capacity, metal capacity, metal
Vancouver, Washington-based pipe manufacturer Northwest Pipe Company announced Friday that net sales for the year ended December 31, 2012 increased 2.5 percent to $524.5 million compared to $511.7 million in the prior year. Net income for ...
Tags: Northwest Pipe, pipe manufacturer, pipe
In spite of the difficult market conditions prevailing in the first three months of 2012/13 (1 November 2012 - 31 January 2013), GERRY WEBER International AG boosted its Group sales revenues from EUR 165.1 million in the same period of the ...
Tags: Gerry Weber, Apparel, company news
CSR Limited (CSR) announced today a restructure of Viridian’s glass operations and provided a trading update for the year ending 31 March 2013. Restructure of Viridian CSR’s review of Viridian has concluded that, during the ...
Tags: CSR Limited, Viridian, glass operations, 2013
IT spending remained broadly strong throughout a difficult end to 2012, as business confidence waned in the shadow of the "fiscal cliff," economic growth declined in much of Europe, and economies in Asia/Pacific struggled to cope with ...
Tags: Electrical, Electronics, IT
US polypropylene contract prices for March fell 6 cents/lb ($132/mt) to 82-83 cents/lb ($1,808-$1,830/mt) for homopolymer injection grade on a delivered-via-railcar basis, sources said Monday. The decline was the result of a similar drop ...
Tags: polypropylene, CPs, contract polymer
In February this year, South Korea's total car output decreased by 19.8 percent year on year and was down 17.6 percent compared to February 2012, totaling 338,278 units, according to a report released by the Korean Ministry of Knowledge ...
Tags: car output, car, car exports
Facebook's Graph Search could be a powerful tool for steering people toward products and services on the social networking site, and marketers are starting to wrestle with the impact it may have on their brands. Graph Search allows users ...
Tags: Facebook, Graph Search, social networking
Weaker than expected Chinese economic data released over the weekend weighed on the Australian dollar in Asian trade yesterday. Statistics released by Beijing painted a picture of rising inflation and slowing domestic growth, prompting ...
Tags: Dollar, Australian dollar, US Dollar
FOB prices for Australian 5,500 kcal/kg and 6,000 kcal/kg net-as-received spot cargoes came under intense pressure Thursday from a firmer freight market, lower Asian physical demand and weaker prices for domestic coal in China, market ...
Tags: spot cargo, Thermal Coal, Asia
The benchmark S&P/ASX 200 closed down 0.2 per cent at 5109.2 after hitting a 4 1/2-year high of 5135.7 in early trading. Share trading value worth $5.2 billion slipped just below the 20-day moving average of $5.3bn. Asian markets were ...
Tags: benchmark, economic data, finance
This week’s sale saw prices rising slightly on the back of a weaker rand and the Cape Wools Merino indicator gained 1.3% on last week to close the day at R112.13/kg (clean). The rand has weakened over the last few days, falling to ...
Tags: prices, Cape Wools Merino indicator, SA Wool
Chinese buyers remained on the sidelines as they continued to scout for thermal coal cargoes at cheaper prices with no rush to conclude deals amid huge stockpiles at ports and power companies, sources said. Despite the lack of demand, ...
Tags: ASIA THERMAL COAL, Bargains, Imported Coal