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McKesson Corp., which planned to add jobs in Irving, says it will fire 1,600 of its workforce

2016-03-17 20:17:05| Biotech - Topix.net

McKesson Corp., which last week announced a North Texas expansion , is firing 1,600 people, or about 4 percent of its U.S. workforce, to cut costs after the drug distributor lost some key customers. The company, which earlier announced plans to add 975 jobs as part of a plan to consolidate offices in Irving, began a strategic review in January and determined that "reductions to our workforce would be necessary to align our cost structure with our business needs," according to an e-mailed statement.

Tags: will add its jobs

 

Abraxas Petroleum Corp. (AXAS) Rating Increased to Hold at Zacks Investment Research

2016-03-17 20:07:30| Energy - Topix.net

According to Zacks, "Abraxas Petroleum Corporation is an independent energy company engaged primarily in the acquisition, exploration, exploitation and production of crude oil and natural gas. They seek to complement their acquisition and development activities by selectively participating in exploration projects with experienced industry partners.

Tags: research rating hold increased

 
 

Engineers Gate Manager LP Acquires Shares of 49,069 Jarden Corp

2016-03-17 11:57:13| Appliances - Topix.net

Engineers Gate Manager LP acquired a new stake in shares of Jarden Corp during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 49,069 shares of the company's stock, valued at approximately $2,803,000.

Tags: manager corp gate shares

 

Masco Corp (MAS) Director Richard A. Manoogian Sells 40,000 Shares

2016-03-17 11:25:59| Furniture - Topix.net

Masco Corp Director Richard A. Manoogian sold 40,000 shares of the stock in a transaction on Tuesday, March 15th. The shares were sold at an average price of $29.57, for a total value of $1,182,800.00.

Tags: director mas richard corp

 

Intersil Corp (ISIL) - Research Analysts' Recent Ratings Updates

2016-03-17 11:20:51| Semiconductors - Topix.net

They set an "outperform" rating and a $16.00 price target on the stock. 3/1/2016 - Intersil Corp is now covered by analysts at Drexel Hamilton.

Tags: recent research ratings updates

 

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