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Tag: cut
Trinidad Drilling to slash capital budget by 76-84%, cut general spending 10-15%
2015-12-14 13:38:17| Logistics - Topix.net
Trinidad Drilling Ltd. has chopped its initial capital spending budget for 2016 to $30 million - 84 per cent less than what it's spending this year - to reflect weak conditions in the oil and gas industry. The Calgary-based company says it's primarily aiming to maintain Trinidad's current operations, although it may be able to spend as much as $45 million if certain growth opportunities arise - still 76 per cent below 2015 levels.
Tags: general
capital
cut
budget
Nordson Co. (NDSN) Price Target Cut to $75.00
2015-12-14 13:13:59| Industrial Machines - Topix.net
The firm currently has a "hold" rating on the stock. Wunderlich's target price points to a potential upside of 18.04% from the stock's previous close.
Tags: price
cut
target
target price
To cut costs, Volkswagen streamlines components
2015-12-13 20:00:29| Automakers - Topix.net
Volkswagen AG plans to reduce the number of component variants its vehicles use as it seeks to cut costs following its emissions-cheating scandal, Automobilwoche magazine reports on Sunday. The number of component variants would be reduced by at least a quarter, the magazine reports, citing a letter to the company's management.
Tags: costs
cut
components
volkswagen
United Natural Foods, Inc. (UNFI) Price Target Cut to $42.00
2015-12-13 17:06:02| Grocery - Topix.net
The firm currently has a "market perform" rating on the stock. Oppenheimer's price objective suggests a potential upside of 3.70% from the stock's previous close.
Tags: price
united
natural
cut
United Natural Foods, Inc. (UNFI) Price Target Cut to $42.00
2015-12-13 16:43:46| Food - Topix.net
The firm currently has a "market perform" rating on the stock. Oppenheimer's price objective suggests a potential upside of 3.70% from the stock's previous close.
Tags: price
united
natural
cut
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