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Shell to slash investment by $15bn amid declining oil prices

2015-01-29 01:00:00| Offshore Technology

Shell is set to cut investment by $15bn in the next three years due to the sharp decline of oil prices.

Tags: prices investment oil shell

 

Toronto stock market to head lower amid declining oil prices, earnings misses

2015-01-28 10:31:55| Biotech - Topix.net

The Toronto stock market headed for a negative open Tuesday amid lower commodity prices and a heavy slate of earnings reports. New York futures were well into the red as traders considered earnings disappointments from corporate heavyweights including Procter & Gamble, Caterpillar and Pfizer.

Tags: market stock head prices

 
 

Nordea lifts dividend amid profit rise

2015-01-28 09:27:34| Appliances - Topix.net

Nordea Bank AB , the Nordic region's biggest bank, Wednesday reported a 13% rise in fourth-quarter net profit, driven by higher fee and commission income and lower operating expenses, and said it aimed to increase its pay-out ratio in 2015 while cutting costs further. Net profit at the Stockholm-based bank rose to EUR877 million in the three months to Dec. 31, up from EUR773 million in the year-earlier period and against expectations for EUR872.2 million according to analyst estimates complied by SIX.

Tags: rise profit dividend amid

 

Toronto stock market to head lower amid declining oil prices, earnings misses

2015-01-27 15:28:54| Energy - Topix.net

The Toronto stock market headed for a negative open Tuesday amid lower commodity prices and a heavy slate of earnings reports. New York futures were well into the red as traders considered earnings disappointments from corporate heavyweights including Procter & Gamble, Caterpillar and Pfizer.

Tags: market stock head prices

 

Michigan Utility Crews Heading East To Assist Amid Storm

2015-01-26 14:16:17| Energy - Topix.net

Utility crews from Michigan are heading to the Northeast to be in place to assist in dealing with power outages expected from a major storm. More than 50 Consumers Energy employees are being mobilized.

Tags: east assist michigan utility

 

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