Topic: Capital Spending
Summary Box: Exxon Mobil forecast $28B spending
AP News
Summary Box: Exxon Mobil expects to spend $28B in 2010 as rivals pull back amid soft demandFOLLOW 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 ...
Exxon Mobil forecasts $28B spending in 2010
AP News
Exxon Mobil expects to spend $28B in 2010 as rivals pull back amid soft demandExxon 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. Chairman and CEO Rex W. Tillerson told analysts ...
Japan's 4Q growth weaker than first estimated
AP News
Japan revises down 4Q economic growth to 3.8 percent annualized rate from 4.6 percentJapan's economic growth was weaker than first estimated in the fourth quarter, underscoring a patchy recovery in the world's No. 2 economy. Gross domestic product expanded at an annualized pace of 3.8 ...
Japan machinery orders fall 3.7% in January
AFP Asian Edition
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. The drop reversed a robust 20.1 percent rise in December, which followed an 11.3 percent fall in November. The core orders ...
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