Staples reported higher-than-expected quarterly sales and profit as demand recovered for core office supplies such as paper and ink products.» Read More
LONDON, Oct 28- Oil major BP increased dividends in the third quarter as it saw a jump in operating cash flow despite lower oil prices and a steep drop in contributions from Russia where a depreciating rouble hit its income. The dividends for the third quarter will rise by 5.3 percent year on year to 10 cents per ordinary share while organic capital expenditure for...
Cenovus's operating cash flow from refining fell 53 percent due to an unplanned coker outage in July at its Borger refinery in Texas and a planned turnaround at the Wood River refinery in Illinois. Cenovus, which co-owns the Foster Creek and Christina Lake oil sands projects with ConocoPhillips, said its total oil production rose 13 percent to 199,089 barrels...
Oct 23- Cenovus Energy Inc, Canada's No.2 independent oil producer, said its quarterly profit fell 4 percent, hurt by an unplanned outage at a refinery. Net income fell to C $354 million, or 47 Canadian cents per share in the third quarter ended Sept. 30, from C $370 million, or 49 Canadian cents per share, a year earlier. Operating cash flow from refining fell 53 percent to...
MOSCOW, Oct 23- Ukraine's largest steelmaker, Metinvest, has offered holders of its $500 million bond which was due to mature in May 2015 a longer-term bond to November 2017 with an increased interest rate of 10.5 percent per annum. "The Issuer expects its EBITDA and operating cash flow in the second half of 2014 will decrease as compared to the first half of 2014 and...
Last year, Boeing blew past its cash forecast, booking $9.7 billion in operating cash flow before pension contributions, compared with a forecast of more than $8.5 billion. But this year Boeing has a lower forecast of more than $7 billion, and in the first nine months has booked only $4.6 billion. He didn't provide details, and Boeing's official forecast rose to "...
BLACKBERRY CFO CONFIRMS OUTLOOK OF BECOMING CASH FLOW BREAKEVEN.
MEXICO CITY, Sept 3- Mexico's government will finance the first stage of a new $9.15 billion airport planned for the capital via cash flow from the current airport and could issue up to 30- year bonds to finance later stages, a senior project official said on Wednesday.
MEXICO CITY, Sept 3- Mexico's government will finance the first stage of a new $9.15 billion airport planned for the capital via cash flow from the current airport, and could issue up to 30- year bonds to finance later stages, a senior project official said on Wednesday. President Enrique Pena Nieto formally announced the project on Tuesday.
MEXICO GOV'T WILL FINANCE FIRST STAGE OF NEW $9.15 BLN MEXICO CITY AIRPORT VIA CASH FLOW FROM EXISTING AIRPORT-PROJECT OFICIAL.
LONDON, Aug 28- The independent companies at the forefront of the U.S. shale boom will finally earn enough from selling oil and gas to cover their capital expenditures next year, for the first time since 2008.. That compares with a shortfall of around $9 billion in 2013 and $32 billion in 2012..
July 24- Shares of Angie's List Inc, a review website, fell about 24 percent to a life low after the company forecast current-quarter revenue below analysts' estimates due to higher spending to sign up customers.
RIO DE JANEIRO, June 27- Ratings firms expressed concern on Friday about a Brazilian government decision to sell billions of dollars worth of offshore oil rights to Petrobras, saying the move will weigh on the state-run oil company's cash flow and credit-worthiness.
Sam Le Cornu, Senior Portfolio Manager at Macquarie comments on China markets and property plays.
Ben Collett, Head of Asian Equities at Sunrise Brokers, explains the factors behind the weak market debut of Japan Display.
David Garrity, Principal at GVA Research comments on Oracle's outlook and why he prefers Microsoft instead.
Stephen Wood, Portfolio Manager, Australian Small Companies Fund at UBS, explains why he's positive on gold miners and Domino's.
Tim Farrar, Analyst at TMF Associates, explains why he thinks Softbank CEO Masayoshi Son may face obstacles in his plan to shake things up for the telecommunications industry in the U.S.
Mark Konyn, CEO of Cathay Conning Asset Management, says the technology sector may receive a leg up from China's reforms and advancements in emerging markets which could lead to increased capex spending.
Jeremy Hill, Principal & Chief Market Strategist at Affinity Investment Advisors, explains why he think there is no reason for the Fed to pause tapering.
Mohammed Apabhai, Head of Asia Pacific Trading Strategies at Citi, says China wants to make small, rather than drastic changes, to its policies.