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Teck suspends dividend - Montreal GazetteTeck Cominco will slash spending, sell assets, withdraw from the Petaquilla copper project in Panama and suspend dividend payments under a sweeping plan to cut debt from its acquisition of Fording Canadian Coal Trust, the company said yesterday. The ...
Teck cuts dividend, sells assets to pay down debt - Guardian UnlimitedThe plan, which triggered a 21 percent drop in Teck's share price, also affects fellow Canadian miners Kinross Gold and Inmet Mining . Kinross is buying Teck's 60 percent share of the Lobo Marte gold project in Chile. Inmet takes over Teck's 26 ...
Teck slashes spending, sells assets to pay down debt - Vancouver SunTORONTO -- Teck Cominco will slash spending, sell assets, withdraw from the Petaquilla copper project in Panama and suspend dividend payments under a sweeping plan to cut debt generated by its acquisition of Fording Canadian Coal Trust, the company ...
UPDATE 4-Teck cuts dividend, sells assets to pay down debt - ReutersTORONTO, Nov 20 (Reuters) - Teck Cominco (TCKb.TO: Quote , Profile , Research , Stock Buzz ) will slash spending, sell assets, withdraw from the Petaquilla copper project in Panama and suspend dividend payments under a sweeping plan to cut debt ...
Teck Cominco halts dividends, cuts capital spending by $730M; stock ... - 680 NewsVANCOUVER, B.C. - Teck Cominco Ltd. (TSX:TCK.B) is suspending dividends, slashing capital spending and selling assets to save more than a billion dollars as it struggles under a massive debt load. The major zinc, copper and coal miner said the ...
Teck Drops to Lowest in 20 Years After Dividend Cut (Update2) - BloombergNov. 20 (Bloomberg) -- Teck Cominco Ltd. , Canada's largest diversified miner, dropped to the lowest price in 20 years after announcing it would halt dividends and cut spending to repay debt from last month's purchase of Fording Canadian Coal Trust ...
Canada Stocks Decline on Oil, Led by Canadian Natural, EnCana - BloombergNov. 6 (Bloomberg) -- Canadian stocks fell a second day, led by energy companies, after Canadian Natural Resources Ltd. lowered its production forecast and crude oil prices slid to a 19-month low. Potash Corp. of Saskatchewan Inc. and EnCana Corp ...
Today's Mortgage Terms starting with W
Walk Through: A final inspection of a home to look for problems that may need to be addressed before closing.
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