Companies : Page 2673

Telefonica finalizes $15 billion sale of O2 to Hutchison

March 24, 2015 Spain's Telefonica finalised a deal to sell its British mobile business O2 to Li Ka-shing's Hutchison Whampoa for 10.25 billion pounds ($15.2 billion).

Trust ratings: Mobile providers among the worst companies

March 24, 2015 Based on a study of 10,000 U.S consumers, H-E-B and credit unions took the top spots in the 2015 Temkin Trust Ratings, which rates the trust that consumers have with 293 companies across 20 industries.

Linn and Quantum in $1 billion deal in oil and natural gas assets

March 24, 2015 Linn Energy and LinnCo announced that Linn has signed a non-binding letter of intent with Quantum Energy Partners to fund selected future oil and natural gas acquisitions and development on those acquired assets (AcqCo).

Comstock Resources to reduce spending by 22%

March 24, 2015 Comstock Resources will reduce its 2015 capital spending plan by approximately 22% to $248 million, a savings of over $69 million versus its previously announced budget on December 18, 2014.

Engility Holdings to get $1 billion from USAID

March 24, 2015 Engility Holdings has been awarded an Indefinite Delivery Indefinite Quantity (IDIQ) multiple-award contract with a $1 billion ceiling to provide technical advisory services to the U.S. Agency for International Development (USAID).

Chesapeake Energy to reduce budget by $500 million

March 24, 2015 Chesapeake Energy Corporation has reduced its 2015 capital budget (including capitalized interest of $500 million) to $3.5 - $4 billion for 2015.

TransAlta Renewables to invest $1.78 billion in Australian power

March 24, 2015 TransAlta Renewables will invest in TransAlta Corporation's Australian power generation and gas pipeline portfolio and fund the remaining project costs for the South Hedland gas-fired project for a combined value of approximately $1.78 billion.

$10 million civil penalty against Graco Children's Products

March 24, 2015 U.S. Transportation Secretary Anthony Foxx announced that Graco Children's Products has been fined $10 million after the company failed to provide timely notification of a defect in more than 4 million car seats.

Everyday Health buys Cambridge BioMarketing Group

March 24, 2015 Everyday Health acquired Cambridge BioMarketing Group to boost its position in the orphan and rare disease markets.

Mitsui to jointly develop Salalah-2 power project in Oman

March 24, 2015 Mitsui & Co. has been awarded the contract to jointly develop the Salalah-2 power generation project in Oman along with the Saudi Arabian ACWA Power Co. and Dhofar International Development and Investment Holding Co.

Air China to increase capacity to US cities from May

March 24, 2015 Air China, the country's flag carrier, has announced they will increase the number of flights to the United States beginning in May.

Mobile phone firms to cap charges on stolen devices

March 24, 2015 Mobile phone users will be protected from massive bills when their devices are stolen after five operators agreed to introduce a £100 "liability cap".