Corporate Finance Cash Flow

  • June 1- Husky Energy Inc, Canada's No. 3 integrated oil company, said it expected to generate free cash flow and may reinstate a cash dividend as crude oil prices have rallied in recent weeks. The company said it could generate about C $800 million in free cash flow if oil rises to $50 from $40 per barrel on an annualized basis. Husky, controlled by Hong Kong billionaire...

  • June 1- Husky Energy, Canada's No. 3 integrated oil company, said it expected to generate free cash flow and may reinstate a cash dividend as crude oil prices have rallied in recent weeks. The company said it could generate about C $800 million in free cash flow if oil rises to $50 from $40 on an annualized basis. Husky said it was on track to complete eight projects by...

  • The company forecast about C $300 million of excess free cash flow for 2016, if oil prices average $45 per barrel. Funds flow, a measure of Crescent's ability to fund new drilling, fell to C $378 million in the quarter from C $433.6 million, a year earlier. The company posted a net loss of C $87.5 million, or 17 Canadian cents per share, for the first quarter ended March 31,...

  • In March, Ferro shareholder FrontFour Capital Group LLC, a Greenwich, Connecticut- based hedge fund, called on the company to explore a sale, arguing that potential buyers would be interested in Ferro's "significant operational improvement, strong market share positions, robust free cash flow generation and deep acquisition pipeline." Ferro said last month its...

  • Cash flow from operations, a key indicator of its ability to pay for new projects and drilling, more than halved to C $657 million, or 60 Canadian cents per share, the company said. Canadian Natural, which operates in Western Canada, the North Sea and offshore West Africa, said oil and gas output fell 6 percent to 844,531 barrels of oil equivalent per day.

  • Aeropostale said it plans to finance its operations during its bankruptcy through a $160 million loan from Crystal Financial LLC combined with operating cash flow, according to a court filing.. The company said it expects to emerge out of bankruptcy within six months with a resolution of its disputes with former shareholder Sycamore Partners, which had...

  • MEG said cash flow used in operations, or negative cash flow, rose to C $131 million from C $30 million as realized bitumen prices more than halved. MEG, whose key operations are in the Athabasca oil sands region of Alberta, said it was implementing a hedging program to increase the predictability of future cash flows. Bitumen production fell about 7 percent to...

  • *Parking space at Toulouse, Hamburg seen increasingly congested. After a slow first quarter in deliveries, parking space at Toulouse airport in France, and at Hamburg in Germany, is increasingly congested due to undelivered jets, according to industry sources and recent Reuters photographs. Reuters observed at least six parked A350s apparently waiting for...

  • NEW YORK, April 15- The S&P 500 is close to its record high as earnings season heats up, but one of the major drivers of the market's advance- stock buybacks- looks to be sagging. U.S. companies announced about $182 billion in buybacks in the first quarter, according to Birinyi Associates research, putting buybacks on pace for their weakest year since 2012.

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  • MEXICO CITY, March 17- Mexican cement maker Cemex said on Thursday it will raise its 2016 cash flow target by 75 percent and may sell $300 million in real estate assets as part of a cost-cutting effort to regain its investment-grade rating. In a webcast presentation from New York, Cemex Chief Executive Fernando Gonzalez said the company, which operates in 50...

  • MEXICO CITY, March 17- Mexican construction firm Cemex said on Thursday that it will raise its cash flow objective this year by 75 percent, from $200 million to $350 million.

  • Get rid of money madness

    Feel like your finances are in a mess? CNBC’s Sharon Epperson gives you the tools to do a quick clean-up and get them in order in three easy steps.

  • 'THE UPSIDE IN EQUITIES IS MUCH MORE LIMITED' AS CASH FLOW MODERATES, COST OF FINANCING BUYBACKS RISES- BLACKROCK'S RICK RIEDER.

  • PARIS, March 9- Retailer Casino responded to pressure from U.S. activist investor Muddy Waters with a renewed pledge to cut its debt using the proceeds from disposals and the promise of improved profits and cash flow. Muddy Waters "shorted" Casino in December, saying the French group was "dangerously leveraged" and managed for the short term, sparking a share price...

  • XOPO reshapes global money transfer

    An app created by Fastcash allows users to send and receive money using social networking sites.

  • 'Traders are the lubricant of the commodity industry'

    The results from Asian commodities player Noble highlights the important role of commodities traders, says Nirgunan Tiruchelvam, director of research at Religare Capital Markets Singapore.

  • AT&T and DirecTV

    AT&T expects to report more than 2 million net subscriber additions for the third quarter, with gains in every category.

  • Westfield: Very pleased with H1 results

    Steven Lowy, co-CEO of Westfield, discusses the company's first-half earnings report and explains why concerns regarding Westfield's cashflow are incorrect.