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  • Excluding a C $2.9 billion after-tax impairment charge related to the Keystone XL pipeline, profit was 64 Canadian cents per share, higher than the average analyst estimate of 61 Canadian cents. President Barack Obama rejected the proposed Keystone XL oil pipeline from Canada in November, in a victory for environmentalists who campaigned against the...

  • Switzerland's biggest insurer has been without a permanent CEO since Martin Senn's departure in December and Greco-- who will now take on his new role on March 7 after being released this week by Generali-- has a remit to quickly outline strategic goals beyond 2016, while boosting performance at Zurich's flagship general insurance business.

  • The company also raised its capital spending budget for 2016 by about 12 percent to C $202 million, partly due to a weak Canadian dollar. "There is limited visibility with few positive market signals," Precision's Chief Executive Kevin Neveu said in a statement on Thursday. The company's net loss widened to C $271 million, or 93 Canadian cents per share, in the fourth...

  • The company, which has been cutting costs in response to a more than 70 percent fall in oil prices since June 2014, said it would lower spending at its Foster Creek and Christina Lake oil sands projects in Alberta, which its operates along with ConocoPhillips. Cenovus on Thursday cut its 2016 capital spending for the second time, this time by C $200- C $300 million to C...

  • Rig contractor Precision Drilling suspends dividend Thursday, 11 Feb 2016 | 6:10 AM ET

    Feb 11- Canadian rig contractor Precision Drilling Corp suspended its dividend payments as the company looks to boost its finances to cope with a 70 percent fall in oil prices, which has hurt demand for its onshore rigs. The company's net loss widened to C $271 million, or 93 Canadian cents per share, in the fourth quarter from C $114.0 million, or 39 Canadian cents...

  • Cenovus Energy reports bigger loss; cuts dividend Thursday, 11 Feb 2016 | 6:10 AM ET

    Feb 11- Canadian oil producer Cenovus Energy Inc reported a bigger quarterly loss and also cut its dividend and 2016 capital spending budget amid a prolonged slump in oil prices. Cenovus's net loss widened to C $641 million, or 77 Canadian cents per share, in the fourth quarter ended Dec. 31, from C $472 million, or 62 Canadian cents per share, a year earlier.

  • Zurich CFO: Will take time for business to improve Thursday, 11 Feb 2016 | 2:10 AM ET
    Zurich CFO: Will take time for business to improve

    George Quinn, CFO of Zurich, discusses his company's disappointing earnings and says it will take steps to tackle under-performing accounts.

  • Cisco tops Street fiscal 2nd-quarter forecasts Wednesday, 10 Feb 2016 | 4:35 PM ET

    SAN JOSE, Calif.— Cisco Systems Inc. reported better-than-expected quarterly results and announced a stock buyback plan and dividend increase, sending its shares higher in extended trading. A year earlier, Cisco earned $2.4 billion, or 46 cents per share. Like many of its competitors, Cisco has been attempting to expand into faster-growing segments as some of...

  • HOUSTON— Anadarko Petroleum Corp. says its board approved an 81.5 percent cut in its dividend in a money-saving move. The Houston company set its quarterly dividend at 5 cents, down from 27 cents. Shares of Anadarko ended Tuesday down 7 percent, or $2.81, to $37.24.

  • Feb 9- Oil and gas producer Anadarko Petroleum Corp slashed its quarterly dividend by 82 percent on Tuesday, preserving cash at a time when sliding oil prices have fueled losses. The cut will save about $450 million annually, the company said. Anadarko said it would issue a first-quarter payout of 5 cents, down from 27 cents last quarter.

  • Anadarko slashes quarterly dividend Tuesday, 9 Feb 2016 | 3:29 PM ET

    Feb 9- Oil and gas company Anadarko Petroleum Corp said it slashed its quarterly dividend by 22 cents to 5 cents per share.

  • Exxon a bright spot in energy turmoil Tuesday, 9 Feb 2016 | 10:24 AM ET
    Exxon a bright spot in energy turmoil

    CNBC's Morgan Brennan discusses Exxon Mobil's performance and plan to grow its dividend amid turmoil in the energy market.

  • Chesapeake shares halted for news pending Monday, 8 Feb 2016 | 11:02 AM ET
    Chesapeake shares halted for news pending

    CNBC's Bob Pisani looks at what's moving the market today as well as the halt in the trading of Chesapeake Energy shares.

  • Feb 8- Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, suspended its dividend after swinging to a quarterly loss as it wrote down the value of nine drilling units by nearly half a billion dollars. Gulf of Mexico, for $210 million. Houston- based Diamond Offshore posted a net loss of $245.4 million, or $1.79 per share, in the fourth...

  • Feb 8- Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, suspended its dividend after swinging to a quarterly loss as it wrote down the value of nine drilling units by nearly half a billion dollars. Diamond Offshore, majority owned by U.S. conglomerate Loews Corp, has been hurt by a more than 70 percent fall in oil prices that has...

  • Energy dividends at risk? Thursday, 4 Feb 2016 | 12:49 PM ET
     Energy dividends at risk?

    The Fast Money Halftime Report team discusses whether more energy companies will cut their dividends and how their stocks will move if they do.

  • The ETF Trade: Dividend ETFs Thursday, 4 Feb 2016 | 10:13 AM ET
    The ETF Trade: Dividend ETF Choices

    There are a lot of dividend paying choices in the ETF universe.

  • *Lowers 2016 budget to $6.4 bln from $7.7 bln. Cuts operating cost forecast to $7 bln from $7.7 bln. *Slashes quarterly dividend to $0.25/ share from $0.74.

  • *Plans $13 bln capex, down from $14.7 bln spent last year. OSLO/ LONDON, Feb 4- Statoil cheered investors on Thursday with better-than-expected profits, progress in lowering breakeven prices for important projects and a modest spending plan for 2016.. Statoil announced a quarterly dividend of $0.2201 per share and pledged to keep it at that level for the first...

  • *Lowers 2016 budget to $6.4 bln from $7.7 bln. *Cuts operating cost forecast to $7 bln from $7.7 bln. *Slashes quarterly dividend to $0.25/ share from $0.74.