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  • The Israel- based company, the world's largest generic drugmaker, said on Thursday the move will result in a reduction of 14,000 jobs globally, with the majority to come in 2018.. The two-year restructuring plan is intended to reduce Teva's cost base by $3 billion by the end of 2019, out of an estimated cost base for 2017 of $16.1 billion. Shares in Teva were up 14.6...

  • Israel- based Teva, the world's largest generic drugmaker, said on Thursday the move will result in a reduction of 14,000 positions globally, with the majority to come in 2018.. Shares in Teva were up 14.6 percent at $18 in New York, but are down 53 percent since January. Saddled with nearly $35 billion in debt since acquiring Allergan's Actavis generic drug...

  • *LONDON- RUSSIA'S SBERBANK CEO SAYS COULD LOWER DIVIDENDS IF WE SEE THERE ARE SHOCKS ON THE WAY. *LONDON- RUSSIAN LENDER SBERBANK'S CEO SAYS TRYING TO ASSESS LIKELIHOOD AND VARIABILITY OF ADDITIONAL SANCTIONS IS THANKLESS TASK. *LONDON- RUSSIAN LENDER SBERBANK'S CEO SAYS HE HOPES CURRENT ELECTION CYCLE WILL END WITH ECONOMIC REFORMS ON ALL FRONTS.

  • TEL AVIV, Dec 14- Teva Pharmaceutical Industries will cut its workforce by more than a quarter, give up many of its manufacturing plants and suspend its dividend on ordinary shares in a much-anticipated overhaul to help pay back its massive debt. The two-year restructuring plan is intended to reduce Teva's cost base by $3 billion by the end of 2019, out of an...

  • JERUSALEM— Teva Pharmaceutical Industries Ltd., the world's largest generic drugmaker, on Thursday said it would lay off over a quarter of its workforce as part of a global restructuring meant to salvage its ailing business. The announcement marked a stunning setback for a company seen as a national source of pride in Israel. In a letter to employees, Chief...

  • Dec 11- Boeing Co said on Monday it would raise its quarterly dividend by 20 percent and replace its existing share repurchase program with a new $18 billion authorization. The company said it would pay a quarterly dividend of $1.71 per share from $1.42 earlier. The world's biggest maker of jetliners said the new repurchase program would replace a $14 billion...

  • Dec 11- Boeing Co said on Monday it would raise its quarterly dividend by 20 percent to $1.71 per share and replace its existing share repurchase program with a new $18 billion authorization. The new dividend will be payable March 2 to shareholders of record as of Feb. 9, the planemaker said. The company said it expected that repurchases under the new buyback...

  • Dennis Muilenburg, CEO of Boeing.

    CNBC's Kate Rogers reports that Boeing is raising its dividend by 20% to $1.71.

  • Zoetis raises dividend by 20%

    CNBC's Kate Rogers reports on Zoetis raising its dividend by 20% to 12.6 cents.

  • Eli Lilly raises dividend by 8%

    CNBC's Kate Rogers reports on Eli Lilly raising its dividend by 8% to 56.25 cents.

  • Wellsite is expected to generate about $1 billion in annual revenue and earnings before interest, taxes, depreciation and amortization of about $250 million on a pro-forma basis in 2017.. Wellsite is expected to raise $700 million to $800 million of debt, which will be paid to Dover in the form of a dividend. The company said it expects share repurchases of $1...

  • Wellsite is expected to generate about $1 billion in annual revenue and earnings before interest, taxes, depreciation and amortization of about $250 million on a pro-forma basis in 2017.. Wellsite is expected to raise $700 million to $800 million of debt, which will be paid to Dover in the form of a dividend. The company said it expects share repurchases of $1...

  • The Colorado- based miner, which had $3 billion in cash with $1.1 billion debt at the end of September, also issued an updated five-year outlook, with modestly higher gold production. "We're in a position to continue to invest in our future and focus on returns to shareholders," Chief Financial Officer Nancy Buese said via webcast from an investor update in New York.

  • TORONTO, Dec 6- Newmont Mining Corp said on Wednesday that it plans to boost its dividend by at least 50 percent in 2018, based on balance sheet improvements and the performance of its gold mines. The Colorado- based miner, which had $3 billion in cash with $1.1 billion debt at the end of September, also issued an updated five-year outlook that said it expects...

  • Dec 4- Danish pharma company Alk Abello said on Monday it would invest 1 billion Danish crowns in its North America business, a move that is expected put a lid on earnings and revenue growth in the near term. The company aims to expand its allergy immunotherapy business in North America, which is world's largest allergy market. Alk Abello, which generates about...

  • Shell CEO: There will be a considerable degree of volatility in oil prices

    CNBC's Brian Sullivan reports the highlights of his conversation with Royal Dutch Shell CEO Ben van Beurden including his thoughts on the company's dividend restoration and the overall oil market.

  • LONDON, Nov 29- Following the sharp rise in copper prices this year Zambia's state-controlled firm ZCCM Investments Holdings wants to increase its stakes in the country's mines and also expects higher dividend payments, its chief executive said on Wednesday. Zambia is Africa's second largest copper producer behind the Democratic Republic of Congo and a 22...

  • *Ocado strikes deal with France's Casino. LONDON, Nov 28- Wind turbine makers and oil major Royal Dutch Shell propelled European stocks higher on Tuesday, boosting sentiment on the energy sector ahead of Thursday's OPEC meeting, while dispelled political risks in Ireland also supported the market. The STOXX 600 rose 0.6 percent, led by retailer Ocado's 20...

  • *Oil prices slip on OPEC deal extension jitters. NEW YORK, Nov 28- Wall Street hit record highs and the dollar edged up on Tuesday as traders monitored comments from Federal Reserve chair nominee Jerome Powell and waited for progress on U.S. tax reform. "For the most part, his prepared remarks painted a similar picture to the outgoing Chair Janet Yellen's monetary...

  • *FTSE up 1 pct at close, mid caps up 0.7 pct. MILAN, Nov 28- The UK's top share index rose on Tuesday as oil heavyweight Royal Dutch Shell surged after a solid earnings update and a Bank of England stress test on banks delivered no nasty shocks. Shell rose 4 percent, leading gainers on the FTSE.