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PotashCorp profit misses estimates as nitrogen prices sink
Potash Corp. of Saskatchewan, the world’s largest fertilizer producer, reported quarterly profit that missed analysts’ estimates as prices for nitrogen-based fertilizers fell on increased global supply.
Posted on 7-30-2015 at 9:05 AM
Cenovus chops payout by 40%, looks to cut jobs
Cenovus Energy Inc. says it’s looking to cut between 300 to 400 jobs in the second half of this year, and is chopping its quarterly dividend by 40 per cent.
Posted on 7-30-2015 at 8:33 AM
Shell to shed 6500 jobs, slices billions in spending as ‘prolonged downturn’ looms
Royal Dutch Shell Plc said it’s preparing for a “prolonged downturn” by cutting thousands of jobs and slashing billions of dollars in investments over the next two years. The shares gained the most in almost six months.
Posted on 7-30-2015 at 7:47 AM
Bombardier delays business jet, shares fall further
Bombardier Inc. announced a formal cost-control program and the delay of its Global 7000 business jet by two years as it battles to get its flagship C Series jet to market and reassure investors.
Posted on 7-30-2015 at 7:29 AM
Suncor Energy cuts spending again on weak oil, boosts payout
The oil sands giant says it's reviving plans to buy back as much as $500 million worth of its own stock amid depressed energy markets.
Posted on 7-30-2015 at 12:44 AM

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