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Chevron Tightens Belt as $40 Billion Makeover Sweeps Oil Sector
2015-02-01 00:10:55| Energy - Topix.net
Chevron Corp. halted share buybacks, slowed work on new projects and announced the biggest spending cut in more than a decade as oil explorers around the world curtail ambitions to cope with free-falling oil prices. Chevron lowered its 2015 capital-spending target by 13 percent to $35 billion and halted stock repurchases that absorbed $5 billion in cash last year.
Group completes $8 billion acquisition of Safeway
2015-01-31 19:31:23| Grocery - Topix.net
An investment group led by Cerberus Capital Management has completed its approximately $8 billion acquisition of supermarket chain Safeway. The investment group led by Cerberus agreed to buy Safeway in March 2014.
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completes
Chevron Tightens Belt as $40 Billion Makeover Sweeps Oil Sector
2015-01-31 06:53:07| Oil & Gas - Topix.net
Chevron Corp. halted share buybacks, slowed work on new projects and announced the biggest spending cut in more than a decade as oil explorers around the world curtail ambitions to cope with free-falling oil prices. Chevron lowered its 2015 capital-spending target by 13 percent to $35 billion and halted stock repurchases that absorbed $5 billion in cash last year.
Dish Network bids $10 billion on wireless frequencies
2015-01-31 02:28:07| IT Services - Topix.net
Dish Network Corp. affiliates put down $10 billion to win wireless network frequency licenses in the federal government's just-closed frequency auction, nearly matching what mobile phone giant Verizon Communications bid and only being topped by AT&T Inc. in the spectrum grab. Overall, the Federal Communications Commission auction attracted $44.9 billion in winning bids, $18.2 billion from AT&T, $10.4 billion from Verizon and the $10 billion bid by two groups formed by Douglas County-based Dish , its founder and chairman Charlie Ergen and other investors.
Tags: network
wireless
billion
bids
Dish Network bids $10 billion on wireless frequencies
2015-01-31 01:55:30| Wireless - Topix.net
Dish Network Corp. affiliates put down $10 billion to win wireless network frequency licenses in the federal government's just-closed frequency auction, nearly matching what mobile phone giant Verizon Communications bid and only being topped by AT&T Inc. in the spectrum grab. Overall, the Federal Communications Commission auction attracted $44.9 billion in winning bids, $18.2 billion from AT&T, $10.4 billion from Verizon and the $10 billion bid by two groups formed by Douglas County-based Dish , its founder and chairman Charlie Ergen and other investors.
Tags: network
wireless
billion
bids
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