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PPL Corp. sets carbon reduction goal of at least 80% from 2010 levels by 2050

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 14th, 2020

Devon Energy to reduce 2020 capex by another $300 million amid slumping oil price

Devon Energy Corp. said Monday it is reducing its 2020 capex budget by an additional $300 million, cutting it by a total of $1 billion, or 45%, compared to its original budget. The latest reduction will be driven by the deferral of.....»»

Category: topSource: marketwatch13 hr. 52 min. ago

Bank of America capital levels allow operational focus during crisis: CEO

Bank of America Corp is better positioned to focus on operations rather than financial risk during the coronavirus outbreak, thanks to regulatory safeguards put in place after the financial crisis in 2008, Chief Executive Brian Moynihan said on Friday......»»

Category: topSource: reutersMar 27th, 2020

C-suite staff at Valley luxury travel, events company take pay cuts; employees furloughed

Viad Corp, a publicly traded Phoenix luxury travel and events company, is instituting aggressive cost-reduction moves that feature employee furloughs and salary reduction, including among C-suite executives. Viad (NYSE: VVI) officials said in a Thur.....»»

Category: topSource: bizjournalsMar 26th, 2020

GREAT ELM CAPITAL CORP. ANNOUNCES FOURTH QUARTER AND YEAR END 2019 FINANCIAL RESULTS; FOURTH QUARTER NET INVESTMENT INCOME OF $0.25 PER SHARE; BOARD SETS SECOND QUARTER 2020 DISTRIBUTION OF $0.083 PER SHARE PER MONTH; MAINTAINS STRONG BALANCE SHEET

GREAT ELM CAPITAL CORP. ANNOUNCES FOURTH QUARTER AND YEAR END 2019 FINANCIAL RESULTS; FOURTH QUARTER NET INVESTMENT INCOME OF $0.25 PER SHARE; BOARD SETS SECOND QUARTER 2020 DISTRIBUTION OF $0.083 PER SHARE PER MONTH; MAINTAINS STRONG BALANCE SHEET.....»»

Category: earningsSource: benzingaMar 19th, 2020

JetBlue to cut capacity in April and May by at least 40%, cut costs and exec pay over coronavirus

JetBlue Airways Corp. said Wednesday it will cut capacity in April and May by at least 40% and announced another round of cost cuts and savings as the airline industry struggles with a massive reduction in flights as consumers.....»»

Category: topSource: marketwatchMar 18th, 2020

Concrete industry reduces carbon footprint by 13% over five years

National Ready Mixed Concrete Association (NRMCA) members have lowered their carbon footprint by 13% in five years, according to an association news release. “The 13% reduction in carbon footprint is for 4,000 psi (pounds per sq.....»»

Category: realestateSource: bdcnetworkMar 16th, 2020

MEG Energy announces full year 2019 free cash flow of $528 million, debt repayment of $501 million and 18% year over year reduction in G&A expense

All financial figures are in Canadian dollars ($ or C$) and all references to barrels are per barrel of bitumen sales unless otherwise noted CALGARY, March 4, 2020 /CNW/ - MEG Energy  Corp. (.....»»

Category: earningsSource: benzingaMar 4th, 2020

Women of Influence: Tracey Evans" word cloud tells a lot about who she is

Tracey Evans is a founding member of the Wilkinsburg Community Development Corp. (WCDC) and became the organization’s first full-time executive director in 2010......»»

Category: topSource: bizjournalsMar 4th, 2020

UC Berkeley sets audacious goal in largest fundraising campaign

The University of California, Berkeley has launched its largest fundraising campaign ever, hoping to raise $6 billion by 2023.  The campaign, officially announced Feb. 29, comes as Berkeley’s public funding has reached historic lows and facult.....»»

Category: topSource: bizjournalsMar 2nd, 2020

Brooklyn housing prices nearing Manhattan levels

Manhattan was home to the most expensive ZIP codes across the city 10 years ago. Now Brooklyn is on the same track. A report by PropertyClub comparing the city's 10 most expensive ZIP codes in 2010... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 28th, 2020

Oil giant BP pulls out of 3 trade groups over climate policies but sticks with the powerful API

BP PLC is cutting ties with three trade groups over climate policies, a move announced Wednesday that follows the company’s vow earlier this month to reach net-zero carbon emissions by 2050......»»

Category: topSource: marketwatchFeb 26th, 2020

BP is pulling out of three trade groups over climate policies

The move comes after the oil giant vowed to reach net-zero carbon emissions by 2050......»»

Category: topSource: washpostFeb 26th, 2020

29 things you can do for a lower carbon footprint that will hardly change your day

Joey Hadden/Business Insider Carbon dioxide traps heat from the sun on earth, and as a result, polar ice is melting and sea levels are rising, and we're calling it climate change.  In order to .....»»

Category: topSource: businessinsiderFeb 25th, 2020

Consumers Energy announces goal to achieve net zero carbon emissions by 2040

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 24th, 2020

Trump administration wants biofuels to be 30% of transportation fuels by 2050

The U.S. Department of Agriculture on Thursday announced a goal for biofuels to make up 30% of U.S. transportation fuels by 2050, a move that could bolster an industry that has been otherwise battered by the Trump administration......»»

Category: topSource: foxnewsFeb 20th, 2020

Renault sets lower profit goal in crunch reboot year

French carmaker Renault on Friday posted its first loss in 10 years and set a lower operating margin goal for 2020, a crunch year for its planned reboot alongside partner Nissan after a scandal surrounding former boss Carlos Ghosn......»»

Category: topSource: reutersFeb 14th, 2020

BP promises to be "carbon neutral" by 2050

The energy firm announced that it will seek to cut pollution from oil and gas enterprises and step up investments in clean energy......»»

Category: topSource: moneycentralFeb 13th, 2020

Altra Reports Fourth-Quarter 2019 Results

Strong Earnings Performance Reflects Benefits of Cost Actions and Synergy Capture   Over $250.0 Million of Annual Operating Cash Flow Sets New Record Achieves 2019 Synergy and Debt Reduction Targets Provides 2020 Guidance BRAINTREE, M.....»»

Category: earningsSource: benzingaFeb 13th, 2020

BP Promises Net Zero Emissions by 2050 or Sooner

BP on Wednesday announced plans to become a net zero emitter of carbon dioxide by 2050. Details won't be announced until September......»»

Category: blogSource: 247wallstFeb 12th, 2020

BP sets ambition to become net zero by 2050 or sooner

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 12th, 2020