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Tag: capital spending
Samsung Boosts Capital Spending as Phones Fail to Revive Growth
2015-10-29 03:58:25| Electronics - Topix.net
Samsung Electronics Co. said it will increase capital spending after posting profit that missed analysts' estimates as price cuts on new Galaxy S6 smartphones failed to sway consumers from buying iPhones.
Tags: capital
growth
phones
samsung
Baytex Energy cutting capital spending, ending dividend payouts to preserve cash
2015-08-21 19:15:41| Energy - Topix.net
Baytex Energy Corp. says it's taking "difficult but necessary steps" to get past current low commodity prices, including a reduced capital program and the suspension of its monthly dividend. The Calgary-based company says it will stop drilling in the Peace River and Lloydminster areas in Western Canada for the rest of this year and also look for further cost reductions in Texas, where it's involved in the Eagle Ford play.
Tags: capital
energy
cash
ending
Suncor Energy trimming capital spending by a further $400 million
2015-07-30 05:29:08| Oil & Gas - Topix.net
Suncor Energy is trimming its spending plans for this year by a further $400 million, while at the same time boosting its production targets and dividend. The moves come as U.S. benchmark crude prices continue to languish below US$50 a barrel, dashing hopes in the oilpatch of a quick recovery.
Tags: capital
million
energy
spending
Canadian Natural Resources to cut capital spending again after quarterly loss
2015-05-07 14:09:07| Oil & Gas - Topix.net
Canadian Natural Resources Ltd. says it recorded a net loss of $252 million in the first quarter of the year, or 23 cents per share, as the recent plunge in crude oil prices continues to impact its bottom line. The company says it has increased production and cut costs in response to the lower prices and will trim this year's capital spending by another $300 million across all segments, to approximately $5.7 billion.
Tags: resources
natural
capital
loss
Canadian Natural Resources to cut capital spending again after quarterly loss
2015-05-07 14:06:34| Energy - Topix.net
Canadian Natural Resources Ltd. says it recorded a net loss of $252 million in the first quarter of the year, or 23 cents per share, as the recent plunge in crude oil prices continues to impact its bottom line. The company says it has increased production and cut costs in response to the lower prices and will trim this year's capital spending by another $300 million across all segments, to approximately $5.7 billion.
Tags: resources
natural
capital
loss