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Chevron accelerating asset sales to $15 billion on oil slide
2015-03-11 03:32:32| Oil & Gas - Topix.net
Chevron will increase asset sales by 50 percent to $15 billion and curtail new investment for the next two years after plunging oil prices squeezed cash flow for the second-biggest U.S. energy producer. Chevron's divestment of oil and natural gas fields and other exploration and production assets will continue through 2017, Chairman and Chief Executive Officer John Watson said during a presentation to analysts in New York on Tuesday.
Loblaws' Expansion PLAN: Set To Spend $1.2 Billion On Store Renovation, Expansion
2015-03-10 15:55:28| Grocery - Topix.net
IN PHOTO: Canada's largest supermarket chain, Loblaws said that it would open over 50 new stores and renovate more than 100 existing stores. Loblaw Companies Limited Executive Chairman Galen G. Weston speaks during the annual general meeting of shareholders in Toronto, May 2, 2013.
Asia Pacific pay TV revenues to climb by $10 billion
2015-03-10 02:00:42| Digital TV News
Pay TV revenues in the Asia Pacific region (22 countries) will grow by $10 billion between 2014 and 2020, according to Digital TV Research. The Digital TV Asia Pacific Forecasts report estimates that pay TV revenues will reach $41.52 billion by 2020.
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Delta Plastics Reaches One Billion Pound Recycling Landmark
2015-03-09 21:31:00| Waste Age
<a href="http://www.myarklamiss.com/">MyArkLaMiss.com</a> Delta Plastics, the largest recycler of plastic in Arkansas, announced that it has now recycled more than one billion pounds since beginning the operation in 1998. read more
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Exclusive: Ackman's Pershing Square makes $3.3 billion bet on Valeant
2015-03-09 20:52:30| Biotech - Topix.net
Hedge fund mogul William Ackman has purchased a $3.3 billion stake in Valeant Pharmaceuticals International , making his firm the drug company's fifth-largest stakeholder, a source familiar with the matter said on Monday. Ackman's $20 billion Pershing Square Capital Management began building up the 5 percent stake in the Canadian drug maker this year, only months after his vocal effort to help Valeant buy Botox-maker Allergan failed.
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