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Monsanto cutting 1,000 more jobs to cut costs

2016-01-10 07:41:42| Chemicals - Topix.net

Monsanto said Wednesday it will eliminate another 1,000 jobs as it expands a cost-cutting plan designed to deal with falling sales of biotech-corn seeds and other financial headwinds. The additional layoffs will bring the agriculture giant's total planned cuts to 3,600 jobs over the next two years, or about 16 percent of its global workforce.

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Mead Johnson Nutrition CO (MJN) Cut to Sell at Zacks Investment Research

2016-01-10 00:47:53| Biotech - Topix.net

According to Zacks, "Mead Johnson posted dismal financial numbers in the third quarter of 2015, missing the Zacks Consensus Estimate of both earnings and revenues.The company's segmental performance was also considerably weak. Moreover, the near-term challenges in its emerging market segments are expected to continue in 2016 as well.

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Cirrus Logic, Inc. (CRUS) Price Target Cut to $38.00

2016-01-09 08:00:58| Semiconductors - Topix.net

The firm currently has a "buy" rating on the stock. Stifel Nicolaus' target price suggests a potential upside of 36.69% from the stock's current price.

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Report: Data Hogs Prompt Karma to Cut Mobile Hotspot Speeds

2016-01-09 02:03:46| PC Magazine Wireless Networking Product Guide

To Karma, its mobile hotspot was always supposed to be a supplement to your normal Internet service, not replace it.

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Connacher to cut bitumen output by 20% while operation undergoes maintenance

2016-01-08 16:11:16| Automakers - Topix.net

Connacher Oil and Gas Ltd. says it will accelerate planned maintenance at its Great Divide oilsands operation near Fort McMurray, Alta., in light of currently low commodity prices. The Calgary-based company says its output will be reduced by about 3,000 barrels per day of bitumen, the tarry substance extracted from Alberta's oilsands.

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