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DuPont doubles down on cost cuts ahead of Dow Chemical merger
January 26, 2016 by publisher · Leave a Comment
(Reuters) – Chemicals and seed producer DuPont's quarterly profit topped analysts' estimates as the company intensifies its cost-cutting efforts ahead of its merger with Dow Chemical Co . DuPont said on Tuesday it was looking to cut its costs in 2016 by $730 million from 2015-levels. The company's previous cost-reduction plan, launched under former CEO
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DuPont doubles down on cost cuts ahead of Dow Chemical merger
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Energy earnings will hint at who survives crude’s rout
January 26, 2016 by publisher · Leave a Comment
By Rodrigo Campos NEW YORK (Reuters) – As crude prices crater, threatening a sizeable number of U.S. oil producers who are predicted to fail under continued global oil doom, the current earnings season will be an important window into who will be standing …
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Energy earnings will hint at who survives crude’s rout
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U.S. consumer, housing data underscore economy’s resilience
January 26, 2016 by creative · Leave a Comment
There are, however, signs the malaise from manufacturing and export-oriented industries is starting to filter into the services sector, with data on Tuesday showing activity in that vast sector hit a one-year low in January. The Conference Board said its consumer confidence index rose to 98.1 this month from 96.3 in December as …
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U.S. consumer, housing data underscore economy’s resilience