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Canadian Oil Sands tells shareholders to reject Suncor bid as deadline looms

2015-12-29 18:27:39| Oil & Gas - Topix.net

Canadian Oil Sands is again urging its shareholders to reject a takeover bid by Suncor Energy, which has set Jan. 8 as the deadline for investors. The company sent a letter to its shareholders Tuesday in the latest back-and-forth between the two Calgary-based firms, saying it can weather prolonged low oil prices on its own and thrive once crude recovers.

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Melrose to return A 2.4bn to shareholders following Elster disposal

2015-12-29 15:19:57| Chemicals - Topix.net

Melrose Industries said it has completed the A 3.3bn disposal of its Elster business to Honeywell International and announced the proposed return of around A 2.4bn in cash to shareholders, equivalent to 240p per ordinary share. Melrose agreed the disposal with Honeywell in July and announced in October its intention to return a large part of the net sale proceeds from the disposal to shareholders after completion and to carry out an associated share capital consolidation.

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WM boosts dividend to shareholders

2015-12-15 10:49:27| Waste Management - Topix.net

The board of directors of Houston-based Waste Management Inc. has announced it has approved a 6.5 percent increase in the planned quarterly dividend rate, from 38.5 cents to $41 cents per share. On an annual basis, the per share dividend has increased from $1.54 to $1.64.

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Dow, DuPont merger could help shareholders but Michigan impact a concern, experts say

2015-12-09 20:49:07| Chemicals - Topix.net

If chemical giants Dow Chemical Co. and DuPont Co. were to merge operations, it could help shareholders but its impact on the Saginaw Bay region is a serious concern to watch carefully, according to one area financial adviser.

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Great News For Ford Shareholders

2015-12-09 01:02:26| Automakers - Topix.net

If you're a Ford long and you're looking for some good news, look no further. The automaker continues to head in the right direction moving into the end of 2015 and getting ready to start the new year.

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