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Energy infrastructure giant Kinder Morgan cuts dividend by 75 per cent
2015-12-09 02:12:37| Energy - Topix.net
Pipeline operator Kinder Morgan Inc. slashed its quarterly dividend by 75 per cent Tuesday, saying that doing so would allow it to fund expansion, eliminate the need to tap equity markets and maintain its credit rating. The Houston-based company said its board approved a cut to its quarterly dividend to 12.5 cents per share from 51 cents per share, starting with the fourth-quarter payment payable in February.
Anglo American cuts workforce by 85,000
2015-12-08 14:31:10| BBC News | Business | UK Edition
Shares in mining firm Anglo American drop by more than 10% after it unveils a huge restructuring programme which will shrink its workforce by more than 60%.
Tags: american
cuts
workforce
anglo
Chevron cuts Perth staff as oil price bites
2015-12-08 10:33:24| Oil & Gas - Topix.net
OIL and gas giant Chevron is cutting staff in Perth as part of a global workforce cull to combat low oil prices. THE Everest that suddenly burst into flames on a test drive does not warrant a recall of 1000 Everest SUVs or 100,000 Ranger utes, Ford state.
Crop insurance spared $3 billion in cuts
2015-12-07 18:45:00| National Hog Farmer
By P. Scott Shearer, Bockorny Group, Washington, D.C. Proposed $3 billion in cuts to crop insurance spared by Congress finding offsetting cuts in the highway bill. read more
Tags: insurance
billion
cuts
crop
RBC Capital Cuts General Mills, Inc. (GIS) Price Target to $64.00
2015-12-07 16:21:24| Agriculture - Topix.net
The brokerage presently has an "outperform" rating on the stock. RBC Capital's target price indicates a potential upside of 9.36% from the company's previous close.
Tags: price
general
capital
target
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