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Shell to take axe to spending, jobs after $US53b BG Group takeover

2015-12-23 08:57:31| Oil & Gas - Topix.net

Oil giant Royal Dutch Shell has told shareholders the $US53 billion takeover of BG Group will act as a "springboard to change and reshape" the group, and outlined plans for job and spending cuts, as well as $US30 billion of asset sales that look certain to affect the business in Australia. In a prospectus issued overnight for the takeover, which is heading for completion early next year, Shell cut expected capital expenditure for the merged group by $US2 billion to about $US33 billion, down 30 per cent from 2014 levels.

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Johnson,Peter Sells 50,210,520 Shares of Park Group plc (PKG) Stock

2015-12-23 08:26:52| Industrial Machines - Topix.net

Park Group plc insider Johnson,Peter sold 50,210,520 shares of Park Group plc stock in a transaction that occurred on Tuesday, December 22nd. The stock was sold at an average price of GBX 65 , for a total transaction of A 32,636,838 .

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Zacks Investment Research Lowers Helix Energy Solutions Group Inc (HLX) to Sell

2015-12-23 04:43:06| Electronics - Topix.net

According to Zacks, "Helix Energy Solutions Group Inc., is a leading marine contractor and operator of offshore oil and gas properties and production facilities. The company seeks to align the interests of the producer and the contractor by investing in mature offshore oil and gas properties, hub production facilities and proven undeveloped reserve plays where Helix Energy Solutions Group adds value by deploying vessels from its diverse contracting fleet.

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Zacks Investment Research Lowers Helix Energy Solutions Group Inc (HLX) to Sell

2015-12-23 04:22:16| Industrial Machines - Topix.net

According to Zacks, "Helix Energy Solutions Group Inc., is a leading marine contractor and operator of offshore oil and gas properties and production facilities. The company seeks to align the interests of the producer and the contractor by investing in mature offshore oil and gas properties, hub production facilities and proven undeveloped reserve plays where Helix Energy Solutions Group adds value by deploying vessels from its diverse contracting fleet.

Tags: group research sell solutions

 

Alaska Air Group, Inc. (ALK) Lifted to "Buy" at Zacks Investment Research

2015-12-23 03:08:37| Airlines - Topix.net

The firm currently has a $92.00 price objective on the stock. Zacks Investment Research 's price objective indicates a potential upside of 11.52% from the stock's current price.

Tags: group buy research air

 

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