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Husky Energy cuts spending, scraps quarterly dividend amid oil rout

2016-01-20 01:13:00| Oil & Gas - Topix.net

Husky Energy is cutting $800 million from its capital spending plans for this year and suspending its dividend as it copes with the deep rout in crude prices. Husky's capital budget for 2016 is now pegged at between $2.1 billion and $2.3 billion, down from a previous range of $2.9 billion to $3.1 billion.

Tags: energy oil spending quarterly

 

Orange County Recycling Food Scraps into Energy

2016-01-19 14:58:00| Waste Age

The Orange County Register Two-thirds of the city's single-family households have begun saving and separating their leftovers since the program begin in late June. read more

Tags: food county energy orange

 
 

Yahoo scraps Alibaba spinoff amid investor pressure

2015-12-09 17:46:57| IT Services - Topix.net

Yahoo Inc. scrapped its long-planned spinoff of shares in Alibaba Group Holding Ltd. amid mounting pressure from investors concerned about the tax risks of the deal. Instead, the Web portal will package all of its other assets into a new publicly traded company, Yahoo said in a statement Wednesday.

Tags: yahoo pressure investor alibaba

 

GE scraps $3.3bn deal with Electrolux

2015-12-07 17:53:24| BBC News | Business | UK Edition

General Electric announces plans to terminate the $3.3bn (2.2bn) deal to sell its appliances unit to Swedish manufacturer Electrolux.

Tags: deal electrolux scraps 33bn

 

Skyworks Scraps Deal for PMC After Microsemi's Increased Bid

2015-11-24 14:23:24| Electronics - Topix.net

Skyworks Solutions Inc. withdrew its agreed takeover bid for PMC-Sierra Inc. after an increased offer of $2.3 billion from Microsemi Corp. gained the backing of the target's board, ending a month-long bidding contest for the maker of semiconductors for network drives. Skyworks said in a statement it won't modify its bid and that the company is entitled to a $88.5 million termination fee from PMC.

Tags: increased deal bid pmc

 

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