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Nasdaq Reports Profit Exceeding Forecasts After Cost Cuts

2013-02-01 10:31:12| Automakers - Topix.net

Nasdaq OMX Group Inc. , the second- largest U.S. equity exchange, reported fourth-quarter earnings that beat analysts' estimates after the company cut costs amid a decline in stock-market trading.

Tags: cost reports profit cuts

 

Middleby cuts 20 percent of Viking's workforce, half of those in Greenwood

2013-02-01 02:52:03| Industrial Machines - Topix.net

Middleby Corp. confirmed Thursday afternoon that it had laid off earlier in the day 20 percent of Viking Range's 700 employees.

Tags: those half percent cuts

 
 

Cost cuts help Whirlpool counter weak demand

2013-01-31 22:56:53| Appliances - Topix.net

Whirlpool Corp reported a higher-than-expected quarterly profit and gave a strong outlook for 2013 on Thursday as price increases and cost cuts helped the world's largest appliance maker counter lackluster demand in Europe and North America.

Tags: cost counter demand weak

 

Another utility cuts back on coal

2013-01-31 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Star Tribune: The state's most coal-dependant power company said Wednesday that it will stop burning the fuel at three of its oldest electrical generators in 2015. The announcement by Minnesota Power is the latest sign of coal's decline in the electric power industry. Seven other power generators owned by three other Minnesota utilities also are turning away from coal to avoid adding expensive controls for mercury emissions by 2016. Minnesota Power, the electric utility serving the Iron Range and central...

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Despite Extension, Farm Policy Could See Changes and Cuts

2013-01-31 01:00:00| ThePigSite - Industry News

US - Although Congress extended the farm bill until 30 September 2013, the director of the Food and Agricultural Policy Research Institute at the University of Missouri says several factors may cause Congress to revisit the legislation sooner rather than later.

Tags: policy see farm extension

 

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