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As oil plunges, energy companies cut jobs, postpone projects

2016-01-12 22:10:34| Energy - Topix.net

This Thursday, Jan. 15, 2015 file photo shows a BP logo outside a petrol station in the town of Bletchley in Buckinghamshire, England. The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude keeps falling - and it may be just the beginning.

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As oil plunges, energy companies cut jobs, postpone projects

2016-01-12 22:10:33| Energy - Topix.net

The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude falls to new lows - and there may be more pain to come. Companies like BP, which said Tuesday it is cutting 4,000 jobs, are slimming down to cope with the slump in oil, whose price has plummeted to its lowest level in 12 years and is not expected to recover significantly for months, possibly years.

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Kistler-Tiffany Companies Sells 213 Shares of Union Pacific Co.

2016-01-12 07:48:20| Railroads - Topix.net

Kistler-Tiffany Companies lowered its stake in Union Pacific Co. by 3.8% during the fourth quarter, according to its most recent 13F filing with the SEC.

Tags: companies union pacific shares

 

Most actively traded companies on the TSX

2016-01-12 02:28:54| Energy - Topix.net

Rubicon Minerals Corp. . Miner. Down nine cents, or 64.29 per cent, to five cents on 17.1 million shares.

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Hard Luck: 5 Companies Looking for a Powerball White Knight

2016-01-11 05:02:18| Auto Parts - Topix.net

Saturday night's $900 million Powerball drawing did not produce a new millionaire. As the lottery pool grows in advance of Wednesday's drawing, the new lottery winner will be a billionaire -- at least until Uncle Sam pays a visit.

Tags: white hard companies luck

 

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