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ConocoPhillips to cut capital expenditures in deepwater exploration

2015-07-20 01:00:00| Offshore Technology

US-based ConocoPhillips has announced plans to cut capital expenditures in deepwater exploration.

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Danaher (DHR) Stock Initiated at RBC Capital

2015-07-17 08:30:53| Industrial Machines - Topix.net

The acquisition is expected to be strategically beneficial for Danaher in the long term, but the stock was rated "sector perform" because of the short term restraints of a large acquisition, RBC Capital said in an analysts note. Separately, TheStreet Ratings team rates DANAHER CORP as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation: "We rate DANAHER CORP a BUY.

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CSX Stock Gets Estimates Cut at BMO Capital

2015-07-17 02:01:19| Railroads - Topix.net

For 2015 the firm cut its earnings estimates to $2.06 from $2.08 per share. For 2016 analysts lowered earnings estimates to $2.27 from $2.31 per share.

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GE Capital Is Administrative Agent On $49.5M Credit Facility To Flavor Producers, Inc.

2015-07-16 06:07:26| dairynetwork News Articles

GE Capital, Corporate Finance recently announced it is serving as administrative agent on a $49.5 million senior secured credit facility for Flavor Producers, Inc. Flavor Producers, a creator of custom-formulated flavors for food and beverage companies globally, will use the funds to explore acquisitions as well as for general working capital needs

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NAB chief executive Andrew Thorburn says bank has done 'heavy lifting' on capital

2015-07-15 17:41:38| Automakers - Topix.net

National Australia Bank chief executive Andrew Thorburn is giving himself credit for raising $5.5 billion in equity before the banking regulator said the industry needs to boost capital ratios, even though there is no deadline or clarity on how capital strength will be defined. NAB's decision to raise capital at its May results "was a prudent, appropriate move" given bank capital is moving higher, Mr Thorburn said on Wednesday.

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