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Beach Energy Rating Reiterated by RBC Capital
2014-12-20 20:39:44| Oil & Gas - Topix.net
's stock had its "outperform" rating reaffirmed by equities researchers at RBC Capital in a research report issued on Friday. They currently have a $1.75 price objective on the stock.
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capital
energy
beach
United Technologies Recommends Shareholders Reject TRC Capital "Mini-Tender" Offer
2014-12-20 03:03:25| Paper - Topix.net
United Technologies Corp. received notice of an unsolicited mini-tender offer by TRC Capital Corporation to purchase up to 1 million shares, or about 0.11 percent, of UTC's outstanding common stock at a price of $108.85 per share in cash. As TRC Capital's own offer document acknowledges, the offering price is approximately 4.55 percent below the closing price per share of UTC on Dec. 11, 2014, the last trading day before the mini-tender offer was commenced.
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offer
capital
technologies
Li Ning to raise capital in open offer
2014-12-18 14:01:00| Daily apparel & textile news and comment - from just-style.com
Chinese sporting goods business Li Ning plans to raise up to HK$1.69bn (US$218m) by way of an open offer in a bid to improve its cash position and support growth.
Tags: open
offer
capital
raise
Penn West Petroleum to slash quarterly dividend by 78%, cut 2015 capital budget
2014-12-17 17:31:16| Energy - Topix.net
Penn West Petroleum Ltd. is reducing its 2015 capital budget and slashing its dividend by 78.6 per cent in response to the current price environment, in which the price of crude has plunged globally to five-year lows. The Calgary-based company says its dividend will drop to three cents per share, starting with the April 15 payout to shareholders, from 14 cents per share.
Husky Energy trims 2015 capital budget to $3.4 billion, $1.7B less than 2014
2014-12-17 15:40:09| Oil & Gas - Topix.net
Husky Energy Inc. says its 2015 capital budget will be $3.4 billion, about $1.7 billion less than it expects to spend this year on major projects, as it cuts spending plans for its various operations in Western Canada by about 42 per cent. The Calgary-based company says the 2015 budget reflects weaker commodity prices and the near completion of two major projects, the Sunrise oil project in northeastern Alberta and an offshore natural gas project in the South China Sea.
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