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Natural gas slowdown costs at least $1.5B in capital spending in 2015

2015-03-10 22:28:04| Oil & Gas - Topix.net

Most publicly traded drillers in the Marcellus Shale have cut back on their spending plans for 2015, although Southwestern Energy is upping its capital spending. Five natural-gas producers with significant operations in southwestern Pennsylvania have reduced their capital budgets collectively by 23 percent - or $1.5 billion - according to numbers reported in operational guidance.

Tags: in natural costs capital

 

Report: Specialty drugs drive prescription spending jump

2015-03-10 16:40:36| Biotech - Topix.net

Prescription drugs spending jumped 13 percent last year, the biggest annual increase since 2003, according to the nation's largest pharmacy benefits manager. Express Scripts Holding Co.

Tags: report jump drive drugs

 
 

9 big Colorado oil, gas drillers reel in spending, steady production

2015-03-08 20:07:58| Oil & Gas - Topix.net

A worker climbs to the drilling deck at an Anadarko Petroleum Corp. rig near Broomfield in July. After a year in which dollars and oil from drilling rigs flowed freely into Colorado, the nine major drillers on the Front Range are slashing 2015 spending by 30 percent, about $2 billion.

Tags: big production gas oil

 

Daimler spending $500 million for van plant in South Carolina; will create 1,300 jobs

2015-03-06 17:04:16| Auto Dealers - Topix.net

Daimler AG says it will spend about $500 million and create 1,300 jobs with a new plant near Charleston that will build its Sprinter vans. The company issued a news release Friday morning.

Tags: create jobs van south

 

Boise Cascade Company Announces Share Repurchase Program and 2015 Capital Spending Plan

2015-03-03 13:02:10| Paper - Topix.net

For Immediate Release: March 2, 2015 BOISE, Idaho - Boise Cascade Company announced today that its Board of Directors has approved a share repurchase program, as well as the Company's 2015 capital spending plan. The Board authorized a common stock repurchase program which allows the Company to purchase up to two million shares of its common stock, on an opportunistic basis, through open market purchases, privately negotiated transactions, or accelerated share repurchase transactions.

Tags: company plan program share

 

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