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Encana Q3 profit jumps with gains from divestitures, operating income rises

2014-11-12 14:56:17| Oil & Gas - Topix.net

Encana Corp. had a huge jump in net income in the third quarter, thanks to about $2.4 billion of gains on asset divestitures that were part of its strategic shift to focus more on crude oil and liquids-rich natural gas. Net income was $2.8 billion or $3.79 per share while operating earnings rose to $381 million or 38 cents per share.

Tags: operating income profit gains

 

DOJ lays out case requiring milling divestitures, approving deal

2014-06-02 22:00:35| Agriculture - Topix.net

Preserving competition for customers who receive by truck locally milled flour in four U.S. market areas was the central objective of the proposed final judgment in the case against Ardent Mills, according to a May 29 filing by the U.S. Department of Justice .

Tags: case deal requiring approving

 
 

OXY CEO Refuses Destructive Divestitures, Will Keep Bakken

2014-05-07 16:31:00| OGI

The company is moving forward with efforts to reshape the company to focus on the Permian.

Tags: ceo destructive refuses oxy

 

Novartis Reports Q1 Profit up on Divestitures

2014-04-24 10:31:03| Biotech - Topix.net

Swiss pharmaceutical company Novartis AG has reported a 24 percent increase in profit for the first quarter, helped by selling off less-profitable parts of its business.

Tags: reports profit novartis divestitures

 

Comcast nears deal with Charter on $18-$20 billion in divestitures: source

2014-04-23 05:27:55| Telecom - Topix.net

Comcast may divest about 4 million subscribers after its merger with Time Warner Cable and is working to reach an accord to sell a portion of those customers to Charter Communications , a source familiar with the matter said Tuesday.

Tags: source deal billion charter

 

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