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Argyle Capital Management Inc. Cuts Stake in Devon Energy Corp

2016-01-31 10:18:38| Energy - Topix.net

Argyle Capital Management Inc. cut its position in Devon Energy Corp by 7.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,150 shares of the energy company's stock after selling 2,450 shares during the period.

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Citigroup Inc. Cuts Avnet, Inc. (AVT) Price Target to $49.00

2016-01-31 00:49:52| Electronics - Topix.net

The firm currently has a "buy" rating on the stock. Citigroup Inc.'s target price would indicate a potential upside of 22.75% from the stock's previous close.

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Janus Capital Management Cuts Position in Sensient Technologies Co.

2016-01-30 07:45:36| Food - Topix.net

Janus Capital Management lowered its position in shares of Sensient Technologies Co. by 0.5% during the third quarter, according to its most recent 13F filing with the SEC.

Tags: management position capital technologies

 

Chevron posts unexpected loss of $588 million in fourth quarter, warns of job cuts

2016-01-29 17:10:01| Oil & Gas - Topix.net

Chevron lost $588 million in the fourth quarter of 2015, a setback that was unleashed by a slide in oil prices, leading Chevron to warn that a fresh round of expense reductions, including job cuts, would be in the offing for 2016, the company reported Friday. "Our 2015 earnings were down significantly from the previous year, reflecting a nearly 50 percent year-on-year decline in crude oil prices," said George Watson, Chevron's chief executive officer, in a prepared release.

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FTSE bounces up after Japan cuts rates

2016-01-29 10:14:39| BBC News | Business | UK Edition

The London market sprang into life with a 1% gain in early trading after the Bank of Japan moved to cut rates.

Tags: japan rates cuts bounces

 

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