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Canadian Natural Resources cuts salaries in Calgary, Aberdeen by up to 10%

2015-09-10 01:55:02| Oil & Gas - Topix.net

Canadian Natural Resources Ltd. said Wednesday that it is cutting salaries for all of its staff in Calgary and Aberdeen, Scotland, as it grapples with low commodity prices. Salaries will be reduced by up to 10 per cent, with the biggest cuts being absorbed by higher salaried employees, according to company spokeswoman Julie Woo.

Tags: to up resources natural

 

Replacing old pipelines cuts down leaks , ensures consumer protection, says research

2015-09-10 01:00:00| Hydrocarbons Technology

Replacements of older natural gas pipelines in cities have been found to reduce leaks by 90%, according to a study led by researchers at the Stanford University in California, US.

Tags: research protection says consumer

 
 

Fairchild Semi lowers outlook and unveils cost cuts due to weak demand

2015-09-09 13:56:32| Semiconductors - Topix.net

The company said it now expects third-quarter sales of about $340 million, down from a prior range of $355 million to $375 million. The current FactSet consensus is for third-quarter sales of $365 million.

Tags: due cost demand semi

 

Quiksilver cuts 80 jobs at Huntington Beach HQ

2015-09-09 01:16:07| Apparel - Topix.net

Quiksilver Inc. sold its licensed apparel subsidiary, Hawk Designs Inc., to Sherman Oaks-based Cherokee Inc. for $19 million in 2014. Quiksilver founder Bob McKnight in front of a Quicksilver display at Jack's Surfboards in Newport Beach.

Tags: jobs beach cuts hq

 

RBC Capital Cuts American Axle & Manufact. Holdings Price Target to $26.00

2015-09-06 11:03:28| Automakers - Topix.net

The brokerage currently has an "outperform" rating on the stock. RBC Capital's price target points to a potential upside of 35.35% from the stock's previous close.

Tags: price american capital target

 

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