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ConAgra Moving to Chicago, Cuts 1,500 Jobs
2015-10-01 19:03:00| Food Processing
Struggling ConAgra Foods says it will cut 1,500 jobs and move corporate headquarters and 700 jobs to downtown Chicago as part of a restructuring.
Tags: jobs
moving
chicago
cuts
GM plans $5.5B in cost cuts to help finance new mobility
2015-10-01 16:40:37| Automakers - Topix.net
" General Motors plans to cut $5.5 billion in manufacturing, purchasing and administrative costs during the next three years, helping to finance a big push into autonomous cars and car- and ride-sharing services. The company told investors Thursday that the savings in logistics, manufacturing, information technology and other costs will more than offset increased investments in brand development and new technology.
ConAgra cuts 1,500 jobs; moving HQ from Omaha to Chicago
2015-10-01 14:52:26| Food - Topix.net
" ConAgra is cutting about 1,500 jobs, or approximately 30 percent of its global, office-based workforce, and moving its headquarters to Chicago from Omaha, Nebraska. About 700 workers will be in Chicago starting next summer, including the company's senior leadership as well as some operations for its consumer foods segment that are currently located in Omaha and Naperville, Illinois.
TransAlta cuts 239 positions, most at Calgary headquarters; expects to save $25M
2015-09-30 02:40:29| Energy - Topix.net
Power company TransAlta Corp. has announced it's cutting 239 jobs as it looks to drive down costs. The reductions, with savings of $25 million, are mainly at the Calgary head office of the electricity generator and marketer.
Tags: save
positions
cuts
headquarters
Barclays Cuts Corning Price Target to $25.00
2015-09-29 20:16:05| Chemicals - Topix.net
The brokerage presently has an "overweight" rating on the glassware maker's stock. Barclays' target price indicates a potential upside of 52.91% from the stock's current price.
Tags: price
target
cuts
barclays
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