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Tag: cuts
UPDATE 1-Cree to restructure LED business, cuts revenue forecast
2015-06-25 01:06:46| Electronics - Topix.net
Cree Inc said it would reduce manufacturing capacity at its light-emitting diode factory, as it struggles with a decline in prices, and take an $85 million restructuring charge. The company also lowered its revenue forecast for the fourth quarter and said it would buy back $500 million worth of stock for the next fiscal year.
Tags: business
update
led
revenue
House, Senate Committees Approve Bills with Severe Cuts for Water-Wastewater Infrastructure Projects
2015-06-24 20:55:20| ENR.com: Headline News
Bills include controversial policy riders that could prompt a veto.
Tags: house
projects
severe
infrastructure
NFU: House Appropriations Ag Subcommittee Cuts to Farm Bill Energy Programs are Short-Sighted
2015-06-19 18:33:53| National Farmers Union
FOR IMMEDIATE RELEASE June 19, 2015 Contact: Andrew Jerome, 202-314-3106 ajerome@nfudc.org WASHINGTON (June 19, 2015) National Farmers Union (NFU) President Roger Johnson today called the House Agriculture Appropriations Subcommittee cuts to mandatory spending for farm bill energy programs in its FY2016 appropriations bill, short-sighted, and reminded lawmakers of the importance of these programs to
Tags: house
bill
programs
energy
Hershey cuts sales forecast and jobs
2015-06-19 15:22:44| BBC News | Business | UK Edition
US chocolate firm Hershey trims its annual sales growth forecast, and cuts 300 jobs, blaming weak sales in China.
Tags: jobs
sales
cuts
forecast
Income tax boost cuts UK borrowing
2015-06-19 11:44:03| BBC News | Business | UK Edition
A rise in income tax receipts helped to cut UK government borrowing in May, official figures show.
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