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ConocoPhillips cuts budget 20 percent amid lower oil prices

2014-12-08 19:49:19| Oil & Gas - Topix.net

Amid falling oil prices, ConocoPhillips said Dec. 8 its capital budget for 2015 is $13.5 billion, down about 20 percent from its 2014 budget of $16.7 billion . The Houston-based company said the decrease reflects reduced spending on major projects, several of which are nearing completion, and deferred spending on North American unconventional plays.

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Ford says November China auto sales up two percent year-on-year

2014-12-05 08:05:27| Auto Dealers - Topix.net

That follows a 1.0 percent year-on-year fall in October and a 0.2 percent dip in September. Ford's sales in the first 11 months of the year totaled 1,007,425 vehicles, up 20 percent from the same period a year earlier.

Tags: november auto sales china

 
 

UNFI quarterly net income rises 19 percent to $33 million

2014-12-04 23:56:22| Grocery - Topix.net

United Natural Foods Inc., which operates a distribution center in Conewago Township, said Thursday that net income rose 19 percent to $33 million in the quarter ended Nov. 1. UNFI earned 66 cents a share for the first quarter of its fiscal 2015 year, up from 56 cents a share in the first quarter of fiscal 2014. The company topped the expectations of analysts who forecast the Providence, R.I.-based distributor of organic,natural and specialty foods would earn 63 cents a share for the quarter.

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Park Electrochemical CEO takes 20 percent salary cut in 'solidarity' with workers

2014-12-04 17:12:03| Chemicals - Topix.net

Brian Shore, the chief executive of Park Electrochemical Corp., is taking a voluntary 20 percent salary cut in solidarity with Park employees in California and Arizona who are working reduced hours, the company disclosed in a regulatory filing Wednesday. Shore, 63, who stands to give up more than $70,000 of his fiscal 2014 salary of $357,760, also said that he plans to donate his 2014 $40,000... Brian Shore, the chief executive of Park Electrochemical Corp., is taking a voluntary 20 percent salary cut in solidarity with Park employees in California and Arizona who are working reduced hours, the company disclosed in a regulatory filing Wednesday.

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Chrysler US sales up 20 percent in November

2014-12-02 15:08:00| Auto Dealers - Topix.net

Chrysler's U.S. sales rose 20 percent last month a sign that Black Friday promotions and falling gas prices drove U.S. auto sales higher in November.

Tags: november sales percent chrysler

 

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