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Cenovus Energy looking to cut jobs, slashing dividend by 40 per cent

2015-07-30 16:24:04| Energy - Topix.net

Cenovus Energy Inc. says it's looking to cut between 300 to 400 jobs in the second half of this year, and is chopping its quarterly dividend by 40 per cent. The energy company says it will now pay a quarterly dividend of 16 cents per share, down from its earlier rate of 26.62 cents.

Tags: per jobs energy cut

 

Statistics Canada says retail sales up 1.0 per cent in May at $43 billion

2015-07-23 16:24:11| Auto Dealers - Topix.net

Statistics Canada says retail sales rose 1.0 per cent to $43 billion in May, the third increase in four months. In volume terms, Statistics Canada says sales were up 0.4 per cent after removing the effects of price changes.

Tags: may canada sales statistics

 
 

Hyundai Motor's profit down 24 per cent as sales slow in China, foreign currencies plunge

2015-07-23 09:44:43| Automakers - Topix.net

Hyundai Motor Co. says its second quarter earnings sank 24 per cent due to a sales drop in China and weakness in other markets due to falling currencies.

Tags: sales china foreign slow

 

German automaker Daimler posts 8 per cent Q2 growth, boosted by strong Mercedes-Benz sales

2015-07-23 09:44:42| Automakers - Topix.net

German automaker Daimler says net profit rose 8 per cent in the second quarter, boosted by strong sales, particularly of its Mercedes-Benz cars. Daimler AG said Thursday net profit in April through June rose to 2.372 billion euros , compared to 2.196 billion euros in the same quarter last year.

Tags: sales posts strong german

 

50 Cent testifies about his finances in sex-tape lawsuit

2015-07-21 21:00:42| Real Estate - Topix.net

After stirring up a furor with his dismissive remarks about John McCain's Vietnam war experience, Republican presidential candidate Donald Trump went after the Arizona senator's record on veterans issues,... After stirring up a furor with his dismissive remarks about John McCain's Vietnam war experience, Republican presidential candidate Donald Trump went after the Arizona senator's record on veterans' issues,... The church of a Chicago-area woman found dead in a Texas jail cell last week planned to hold a prayer walk in her honor Sunday as an investigation into her death continues.

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