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Chevron earnings plunge, but $2.6 billion profit beats predictions
2015-05-02 13:03:57| Oil & Gas - Topix.net
Chevron profits plunged during its first quarter, undermined primarily by low prices for crude oil, but the results still topped Wall Street's expectations, the company reported Friday. Profits nose-dived 43 percent and revenue slumped 35 percent during the January-March quarter comapred with the same three months the year before.
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GM to spend $5.4 billion on U.S. factories, add 650 jobs
2015-05-01 04:07:36| Automakers - Topix.net
This April 8, 2009 file photo shows the General Motors logo displayed at the New York International Auto Show in New York. General Motors on April 30, 2015 announced $5.4 billion in new US plant upgrades over the next three years, including in three sites in Michigan, the traditional hub of the US auto industry The biggest investment outlined is $520 million for a site near Lansing to build tools and equipment for GM's future vehicle programs.
Crown Castle buys Quanta fiber for $1 billion to expand cellular infrastructure
2015-04-30 22:41:12| IT Services - Topix.net
A traditional cell phone tower, owned by Crown Castle, is shown near the Texas Medical Center on Tuesday, Sept. 23, 2014, in Houston.
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billion
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crown
April average transaction prices push automaker revenue to record $47 billion
2015-04-30 22:18:35| Auto Dealers - Topix.net
Amid the best auto industry and economic fundamentals in a decade, TrueCar estimates the ATP for new light vehicles is . The ratio of incentive spending to ATP is 8.1 percent, unchanged from a year ago.
Tags: april
average
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prices
GM to invest $5.4 billion in U.S. plants over next three years
2015-04-30 17:37:54| Automakers - Topix.net
General Motors Co on Thursday said it will spend $5.4 billion over the next three years on its U.S. manufacturing plants to boost production and vehicle quality. "The common thread among our investments is the focus on product improvements," GM North American manufacturing chief Cathy Clegg said in a statement.
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