je.st
news
Tag: slash
Pension charge, lower sales slash Bristol-Myers' Q4 profit
2015-01-28 06:17:30| Biotech - Topix.net
Bristol-Myers Squibb Co. barely broke even in the fourth quarter, due to a whopping pension charge and slightly lower prescription drug sales, but the drugmaker easily beat Wall Street's muted profit expectations.
Tags: sales
lower
charge
profit
Schlumberger to slash 9,000 jobs as oil prices plunge
2015-01-16 18:12:27| Oil & Gas - Topix.net
Schlumberger Ltd., the world's biggest oilfield-services company, tackled the "uncertain environment" of plummeting crude prices head-on by cutting 9,000 jobs and lowering costs at a vessels unit. The 7.1 percent workforce cutback, along with the reduction and reassessment of its WesternGeco fleet, were among steps leading to a $1.77 billion fourth-quarter charge in anticipation of lower spending by customers in 2015, the Houston- and Paris- based company said in an earnings report Thursday.
Obama Orders Oil and Gas Industry to Slash Methane Emissions, but There's a Catch
2015-01-14 16:02:00| Climate Ark Climate Change & Global Warming Newsfeed
Takepart: President Obama is tackling climate change again. The White House announced its latest move on Wednesday, directing the nations oil and gas industry to cut methane emissions as much as 45 percent by 2025. The executive action is an important step in the fight to suppress global warming becausemethane emissions, while lower than carbon dioxide emissions, are over 25 times more powerful at trapping heat in the atmosphere. Environmentalists welcomed the announcement, but some suggested that the...
Coke plans to slash 500 jobs at Atlanta HQ to help hit $3bn savings target
2015-01-09 20:57:34| Beverages - Topix.net
Coke plans to cut at least 1,600 jobs globally including 500 roles at its Atlanta HQ - as the company ploughs on with a $3bn cost-cutting drive announced after an October profit warning. The company began notifying affected staff on Thursday and estimates that it will cut 1,600 to 1,800 non-bottling and non-distribution jobs in coming months, including around 500 at its Atlanta head office.
T-Mobile CEO: Sprint can't slash prices to grow
2015-01-02 17:05:28| IT Services - Topix.net
Among several New Year's predictions, the cantankerous chief executive at Sprint Corp.'s nearest rival asserted that its price cuts are folly for a sustainable growth strategy. John Legere , CEO of T-Mobile US Inc., insisted Tuesday that Overland Park-based wireless carrier can't right its fiscal ship via price reductions, which recently have aimed at snatching other carriers' subscribers .
Sites : [12] [13] [14] [15] [16] [17] [18] [19] [20] [21] [22] [23] [24] [25] [26] [27] [28] [29] [30] [31] next »