Summary Box: Exxon Mobil forecast $28B spending

2010-03-11T13:30:29Z

<div id="subtitle">Summary Box: Exxon Mobil expects to spend $28B in 2010 as rivals pull back amid soft demand</div><div><p>FOLLOW THE MONEY: Exxon Mobil Corp. will increase its capital spending by 3 percent to $28 billion this year despite weak global demand for energy. It forecast capital spending between $25 billion and $30 billion a year on average through 2014.</p><p>ENERGY DEMA...

Exxon Mobil forecasts $28B spending in 2010

2010-03-11T11:00:32Z

<div id="subtitle">Exxon Mobil expects to spend $28B in 2010 as rivals pull back amid soft demand</div><div><p>Exxon Mobil said Thursday it will boost spending this year on new and existing projects even as some rivals pull back because of weak global demand for energy.</p><p>Chairman and CEO Rex W. Tillerson told analysts dur...

Japan's 4Q growth weaker than first estimated

2010-03-10T22:15:25Z

<div id="subtitle">Japan revises down 4Q economic growth to 3.8 percent annualized rate from 4.6 percent</div><div><p>Japan's economic growth was weaker than first estimated in the fourth quarter, underscoring a patchy recovery in the world's No. 2 economy.</p><p>Gross domestic product expanded at an annualized pace of 3.8 percent in the October-December quarter, the government said Thursday, revised down from the 4.6 ...

Japan machinery orders fall 3.7% in January

2010-03-10T03:15:48Z

<div><p>Japan's core private-sector machinery orders, a leading indicator of corporate capital spending, fell 3.7 percent in January from the previous month, official data showed Wednesday.</p><p>The drop reversed a robust 20.1 percent rise in December, which followed an 11.3 percent fall in November.</p><p>The core orders from manufacturing companies rose 3.3 percent month-on-month in January while those from non-manu...

Japan machinery orders fall 3.7 percent in January

2010-03-09T18:15:42Z

Anadarko to boost spending 22 percent

2010-03-02T11:45:14Z

<div id="subtitle">Anadarko increases capital spending in 2010, will focus on drilling domestic operations</div><div><p>Anadarko Petroleum Corp. said Tuesday it plans to boost capital spending this year by as much as 22 percent as it focuses on exploration and development of new oil fields in or around the U.S.</p><p>The oil company, based in Woodlands,

Growth likely slowing after big year-end spurt

2010-02-26T14:00:17Z

<div id="subtitle">Recovery expected to lose steam after bolting ahead at 5.9 percent pace in Q4; home sales sag</div><div><p>The recovery is losing steam.</p><p>The economy is now likely expanding at just half the brisk 5.9 percent pace at which the government on Friday estimated it grew last quarter. Business spending will make up for some of a slowdown in consumer spending — but not likely enough to reduce the jobless rate much.</p><p>All that a...

Safeway impresses with huge cash flow. TheAlphaNinja.com readers unsurprised. (SWY)

2010-02-25T20:00:07Z

Grocery-store operator Safeway (SWY) opened for trading this morning down 4.3%, at 22.50.  The shares then proceeded to climb 10% from...

Economic survey: Slow recovery continues

2010-02-22T15:23:58Z

<div id="subtitle">Forecasters say businesses expect to boost hiring and capital spending in the 2010 1st half</div><div><p>Businesses expect to boost hiring and capital spending in the first half of the year as the U.S. recovery from the recession slowly continues, according to a new survey.</p><p>Since the fall of 2009 demand has edged higher in the good...

Frbiz.com Reporte Manufacturers to Reduce Their Investment in 2010 Can Not be Optimistic About the Fate Of

2010-02-22T16:21:35Z

According to the Ministry of Public note to statistics, China's 3G buying into in 2009 come to 143.5 billion yuan, the house market has become the communications equipment manufacturers, "winter" in a cotton fabric jacket. "Next year down turn in buying into in the operator's a foregone conclusion. "A apparatus for those who desire for" First Financial Daily "told reporters. However, ...

Weak Japan capex outlook threatens fragile recovery

2010-02-22T20:36:48Z

<div><p>TOKYO (Reuters) - Japan's core machinery orders tumbled to a record low in November, adding to government fears of a return to recession that could heighten the need for yet more fiscal stimulus spending.</p><p>The surprise 11.3 percent fall in core orders raises concern that a recover...

Japan's core machinery orders down 11.3 percent in November

2010-02-22T20:43:13Z

<div><p>Japan's core machinery orders, a leading indicator of corporate capital spending, fell 11.3 percent in November from the previous month, official data showed Thursday.</p><p>The figure was worse than the monthly drop of 4.5 percent in October and was below market expectations of a small rise.</p><p>The core orders, which exclude particularly volatile demand from p...

Forest Oil to increase spending, expand drilling

2010-02-23T00:03:30Z

<div id="subtitle">Forest Oil says it will boost capital spending as it ramps up natural gas drilling activity</div><div><p>Natural gas producer Forest Oil Corp. said Thursday it will increase capital spending by 18 percent this year as it expands drilling activity.</p><p>Forest Oil, which has built up cash through sales of non-core asset...

Memory chip shortage seen in H2 2010: DRAMeXchange

2010-02-23T11:43:08Z

<div><p>LONDON (Reuters) - Memory chips for computers are likely to be in short supply by the second half of next year as consumers demand more capacity and companies embark on a delayed drive to replace PCs, industry tracker DRAMeXchange believes.</p><p>Prices for DRAM chips, the most com...

Hynix can spend $2 billion capex in 2010

2010-02-23T13:38:37Z

<div><p>SEOUL (Reuters) - World's No. 2 memory chip maker Hynix Semiconductor Inc is seen capable of spending a higher-than-expected 2.3 trillion won ($2 billion) in capital expenditures next year, its top shareholder KEB said on Sunday.</p><p>Barclays analyst downgrades PMC-Sierra, sees slower China growth in 2010</div><div><p>Citing a spending slowdown in China that could dampen revenue growth for PMC-Sierra Inc., an analyst on Monday downgraded the maker of communications and storage chips.</p&...

Japan's core machinery orders down 4.5 percent

2010-02-23T18:12:49Z

<div><p> Japan's core machinery orders, a leading indicator of corporate capital spending, fell 4.5 percent in October from the previous month, official data showed Thursday.</p><p>The figure was sharply down from the monthly rise of 10.5 percent in September but was roughly in line with market expectations.</p><p>The core orders, which exclude particularly volatile deman...

Japan's core machinery orders down 4.5 percent in October

2010-02-23T18:19:54Z

<div><p>Japan's core machinery orders, a leading indicator of corporate capital spending, fell 4.5 percent in October from the previous month, official data showed Thursday.</p><p>The figure was sharply down from the monthly rise of 10.5 percent in September but was roughly in line with market expectations.</p><p>The core orders, which exclude particularly volatile demand...

Japan GDP revised down, policy response in doubt

2010-02-23T18:41:15Z

<div><p>TOKYO (Reuters) - Japan's economy grew at a far slower pace in the third quarter than first thought as capital spending fell, but a double-dip recession is seen as unlikely as exports rebound and corporate spending shows signs of bottoming out.</p><p>Revised figures also showed that pe...

U.S. CEOs' economic view brightens

2010-02-23T19:03:42Z

<div><p>BOSTON (Reuters) - U.S. chief executives' outlook on the economy improved in the fourth quarter, although most still are not ready to step up hiring or increase capital spending, according to a Business Roundtable survey released on Tuesday.</p><p&a...

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